Post Holdings said this morning (22 October) that it expects to “meet or slightly exceed” its full-year earnings forecasts.
The ready-to-eat cereal maker said that it expects to hit, or beat, its previously announced EBITDA guidance range of US$200-210m for the 12 months ended 30 September. The company added that it is in the process of finalising its fiscal 2012 accounts.
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In a separate announcement, Post also intends to launch a private offering of senior notes to raise $200m. Funds will be used for “general corporate purposes”, which could include debt reduction and M&A, Post said.
