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Gateway Lifestyle Group reaffirms FY'18 guidance

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Gateway Lifestyle Group reaffirms FY'18 guidance

Gateway Lifestyle Group said it continues to expect 7% growth in distributable earnings for full year 2018.

The manufactured-home operator said it delivered A$19.6 million in distributable earnings during the second half of 2017, up from A$14.5 million in the first half of that year.

As of Feb. 22, US$1 was equivalent to A$1.27.