BRIEF-UGL Ltd says targeting separation of DTZ, engineering in 2014 calendar year

Feb 17 (Reuters) - UGL Ltd UGL.AX :

* FY 2014 underlying NPAT of around $120 million expected - at the lower end of previous guidance

* Targeting a separation of DTZ and engineering in the 2014 calendar year

* Will evaluate unsolicited third party interest in DTZ to determine whether indicative proposals are in best interests of shareholders

* Remain on track to operate in FY 2014 at similar revenue levels to FY 2013

* Restructuring of UGL's cost base should lead to improved margin performance in second half of FY 2014

* Source text for Eikon News Search ID:nASX3BqZTS

((For more news, please click here UGL.AX ))

((Bangalore Newsroom; +91 80 6749 1130))