Australian shares gained ground on Wednesday to post the first four-day steak of daily advances in more than a month, as gains for mining companies helped to drive the market higher.P/ASX 200 climbed 70.2 points to 7182.7 points, for a gain of 1 per cent, while the broader SThe gains were led by the materials sector, which advanced 2.5 per cent to outpace all other sharemarket sectors, powered by gains for some of the biggest listed miners in the market.
The company now expects underlying earnings before interest and tax for the period to be in the range of $1.375 billion to $1.475 billion. This is above the prior guidance range of $1.2 billion to $1.35 billion. Heavy rain in NSW and Queensland led to an adverse impact of $30 million, the company said. Boral also said it anticipated a further $15 million hit from rising consumer prices that have pushed up the cost of energy.
Worley will provide professional services in digital enablement, engineering, procurement and support fabrication and construction as part of the contract, the company said.Separately, Worley said its strategic partnership with Avantium Renewable Polymers is advancing to the next stage, with the pair signing a technology co-operation agreement. Worley will now deliver engineering, procurement and construction services to develop Avantium’s flagship facility in Delfzijl, the Netherlands.
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