AUPLAuthorized under Prior Law
AUPLAustralian Unity Property Limited
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These rating strengths are partially offset by the intensifying competition AUPL is faced with, regional concentration of in the company's revenue profile, and vulnerability of its profit margin to newsprint price volatility and economic cycles.
The outlook may be revised to 'Positive' if AUPL launches new editions quickly, sustains a healthy operating margin, and improves its capital structure.