West Australian lowers forecast
25 May 2009
West Australian Newspapers Ltd, the parent company of newspaper The West Australian, has revised its forecasted earnings downwards this financial year because of poor sales in its recruitment and real estate classifieds.
Just three months ago, WAN expected to make a A$108million ($81.5million U.S.) profit over FY2009-2010. This week that figure was revised to somewhere between $93 mi