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ANZ aiming for growth

By NZPA

Thursday 12th December 2002

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ANZ Banking Group Ltd said today that 10 percent earnings per share growth remains its "stretch target".

ANZ spokesman Paul Edwards said the bank had been reiterating to the market over the past two months that 10 percent growth was the stretch target.

"But that target is above our internal forecasts and that remains true today," he said.

"The industry is roughly in the six to 10 percent range in terms of market expectations on earnings growth and our job is clearly to be at the better end of that range."

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