ASX Industrials Shares News: Asciano (AIO)


ASX Industrials Shares News: Asciano (AIO)|ASX AIO StocksAsciano (ASX:AIO) is transport infrastructure and operations company formed from a de-merger from Toll Holdings in June 2007 and joined the ASX 200 soon after.

Today, Asciano released its FY12 September quarter update, saying that it has performed well in uncertain economic times.

However CEO John Mullen did warn global economic conditions were difficult and unpredictable at present, and refrained from releasing specific guidance for the remainder of the FY12.

AIO reported coal volumes fell 9% in the September quarter, amid reduced export demand and delivery issues.

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