date:Jul 24, 2012
labour and logistics costs continue to impact earnings in the Australia/New Zealand Baking division, the company said.
The company now expects annual earnings to be at the lower end of its A$230m (US$237.1m) to A$245m guidance range.
Goodman also revealed its results will be hit by A$110m in relation to the re-valuation of some the assets carried by its bakery business.
In total, the company expects to incur A$260-275m in one-off costs, including A$70-75m in redundancy costs associated with