Futuris warns profit will be weaker than expected

Newswire

MELBOURNE, May 25 (Reuters) - Australian agricultural and auto parts group Futuris Corp. Ltd. said its underlying net profit for fiscal 2005 is expected to fall within a range that is about 10 percent lower than market forecasts. Futuris blamed dry weather that has reduced sales to farms by its Elders rural operation. ($1=A$1.32)

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