Car parts and accessories retailer AP Eagers Ltd
(ASX:APE) has upgraded its earnings forecast for calendar 2009.
The company says it expects to report net profit before tax for the 12 months to December 31 within a range of $48 million to $50 million.
Previously the company anticipated profit of between $42 million and $45 million.
The company says this forecast remains subject to audit and the usual end of year accounting review of asset values.
AP Eagers posted net profit after tax in 2008 of $14.54 million.
