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Toll Holdings Ltd Reaffirms H2, FY 2013 EBIT Guidance
Toll Holdings Ltd reconfirmed its operating earnings guidance for fiscal 2013 reflecting the benefits of its diversified earnings base. As commented at its interim results announcement in February, Toll expects its operating earnings for the second half of 2013 to be higher than the same period last year, resulting in reported operating earnings (EBIT) for fiscal 2013 between $420 million and $430 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBIT of $182.20 million for the second half of 2013.
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