Australia's ABB cuts earnings guidance

SYDNEY, July 7 (Reuters) - Australia's largest listed grain and malt firm, ABB Grain (ABB.AX) on Tuesday lowered its annual profit guidance, citing slower demand for malt by Asian customers and weaker sales of fertiliser and agricultural chemicals.

ABB, under a $1.2 billion takeover offer from Canadian grain giant Viterra (VT.TO), revised its guidance of underlying net profit for the year to Sept. 30 to A$43 million ($34.3 million) to A$53 million from guidance on May 19 of A$53-$63 million.

($1 = A$1.26)