High Australian dollar pummels Austal profit forecast

July 2011
Ausmarine;Jul2011, Vol. 33 Issue 9, p14
Trade Publication
The article reports that Austal, a producer of maritime vessels based in Henderson, West Australia, downgraded its forecast for the fiscal year ending on June 30, 2011, from 28 million dollars to 20 to 23 million dollars, citing the heightened value of the nation's currency.


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