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AAP
AAP
Business
Prashant Mehra

Origin Energy lifts earnings forecast

Origin Origin Energy Brookfield Coal EIG
Origin is still awaiting a binding takeover proposal from Brookfield and private equity firm EIG. (Dan Peled/AAP PHOTOS) (AAP)

Takeover target Origin Energy has lifted the earnings forecast for its energy and markets division, but lowered expected production of liquefied natural gas.

The power and gas retailer on Friday said full year underlying earnings before interest, tax, depreciation and amortisation for its core energy markets business will rise to between $600 million and $730 million, up from its previous estimate of $500 million to $650 million.

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