Caltex Fiscal Year RCOP Outlook A$245 Million, A$265 Million Before Items
December 15 2011 - 6:44PM
Dow Jones News
Caltex Australia Ltd. said Friday that it expects to post a
full-year replacement cost of capital, or RCOP, in a range of 245
million Australian dollar (US$243 million) to A$265 million before
significant items.
The company said it also forecasts historic cost profit for 2011
of A$330 million, slightly higher that A$317 million last year.
Caltex added that its forecasts are based on the assumption that
the Australian dollar will close the year at parity with the U.S.
greenback.
-By Sydney bureau; 61-2-8272-4680;
djnews.sydney@dowjones.com
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