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General Business
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Storms buffet Rubicon earnings

Profit forecast cut as US hurricane takes toll on customers.

Tim Hunter
Thu, 24 Jan 2019

Hurricane Michael, one of the strongest storms to hit the US on record, has left a lingering impact on the profits of NZX-listed Rubicon.

In a statement to the NZX this morning Rubicon downgraded its expected earnings for the year to March from its US subsidiary ArborGen, a tree genetics company

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Tim Hunter
Thu, 24 Jan 2019
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Storms buffet Rubicon earnings
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