Toll warns first quarter was weaker than expected

By Matt O'Sullivan
Updated October 24 2014 - 1:08am, first published 12:34am
Tough start: Toll boss Brian Kruger says the lead up to Christmas will be crucial. Photo: Luis Ascui
Tough start: Toll boss Brian Kruger says the lead up to Christmas will be crucial. Photo: Luis Ascui
Tough start: Toll boss Brian Kruger says the lead up to Christmas will be crucial. Photo: Luis Ascui
Tough start: Toll boss Brian Kruger says the lead up to Christmas will be crucial. Photo: Luis Ascui
Tough start: Toll boss Brian Kruger says the lead up to Christmas will be crucial. Photo: Luis Ascui
Tough start: Toll boss Brian Kruger says the lead up to Christmas will be crucial. Photo: Luis Ascui
Tough start: Toll boss Brian Kruger says the lead up to Christmas will be crucial. Photo: Luis Ascui
Tough start: Toll boss Brian Kruger says the lead up to Christmas will be crucial. Photo: Luis Ascui

Toll Holdings has conceded that trading conditions were tougher than expected in the first quarter due to a volatile macro environment but has reiterated its full-year earnings guidance.