31.   Within five years, the company has forecast half its profit will come from gambling, horse racing and jai alai.

32.   But the company forecast lower group profits for the current fiscal year because of tough business conditions.

33.   Hedging works best over a short period of time, when companies can forecast income and expenditures with reasonable accuracy, he said.

34.   Major Australian companies have been forecasting smaller profits as the economy slowed.

35.   Spath is hopeful that companies will forecast stronger profits by the end of the month.

36.   The company is forecasting a slight increase in profits for the year.

37.   The company is forecasting to break even for the fiscal year ending in March.

38.   The company forecast higher net profit this year and said it anticipated longer-term growth.

39.   The company forecasts second-quarter revenue to flat with the first quarter or slightly higher.

40.   The company also forecast higher full-year earnings for its auto division.