Delay shifts Sedgman's earnings

SEDGMAN expects its 2010 financial year earnings to slip by up to 10% due to a delay in the start of a coal handling and preparation plant project.

Delay shifts Sedgman's earnings Delay shifts Sedgman's earnings Delay shifts Sedgman's earnings Delay shifts Sedgman's earnings Delay shifts Sedgman's earnings

The company previously said it would generate earnings of A15 cents per share, excluding amortisation of intangible assets, but the guidance is now likely to shrink by up to 10%.

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