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AUSTRALIAN GAS LIGHT REITERATES FULL YEAR DIVIDEND GUIDANCE.
Publication: AsiaPulse News Publication Date: 28-FEB-06 |
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COPYRIGHT 2006 Asia Pulse Pty Ltd
SYDNEY, Feb 28 Asia Pulse - Australia's biggest energy company, Australian Gas Light Company Ltd (ASX:AGL), today stood by the benefits of planned break-up of its energy and infrastructure assets in the absence of a formal merger proposal from predator Alinta Ltd (ASX:ALN).
AGL also reiterated its full year dividend guidance after revealing a first half net profit of $A282.2 million ($US207.78 million), down 69.9 per cent on the same period a year ago.
The gas and electricity provider said it was still to receive a formal offer from its Perth-based rival,...
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