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23/03/2012 - 08:58

QR cuts earnings forecasts

23/03/2012 - 08:58

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Rail operator QR National has cuts its forecasts for full year earnings due to ongoing industrial action, weaker demand for coal transport and wet weather.QR had forecast earnings before interest and tax (EBIT) to be $578 million in the 12 months to June 30, 2012.

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