The request from Leighton to the Australia stock exchange is based on a pending review of earnings guidance published on 24 February 2011. Leighton has announced that it will publish more detailed information on the review before trading restarts on Monday.
Following the review, Hochtief expects significant adverse effects on the Hochtief forecast for the business year 2011. There is no indication that Hochtief forecasts for the business years 2012 and 2013 are affected, said the company.
The halt will last until the start of trading on Monday 11 April, unless Leighton requests it be lifted before then.
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