AGL's FY14 guidance sluggish

AGL Energy has slightly dropped its 2014 financial year earnings guidance from its FY13 figures, expecting full-year profit to be hit by record warm temperatures in the east and accounting changes that came into effect this year.

Underlying profit is expected to be between $560 million and $610 million for FY14, down from $590-640 million in the last financial year.

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