UPDATE 1-Futuris warns profit will be weaker than expected

Newswire

(Adds details, share price) MELBOURNE, May 25 (Reuters) - Australian rural services and auto parts group Futuris Corp. Ltd. expects its annual profit to come in about 10 percent below market forecasts as poor rainfall has hurt sales to farms and interest costs have risen. The profit warning sent Futuris shares down as much as 7 percent in early trade. Futuris said underlying net profit after tax for the year to June 30 would be between A$68 million and A$73 million ($52 million and $55 ...

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