Mining and engineering services group Bradken is sticking to its full-year earnings guidance a day after its board accepted a $556 million takeover bid from Japan's Hitachi Construction Machinery.

Chief executive Paul Zuckerman told Bradken shareholders on Wednesday he expects full-year underlying earnings to be in line with the previous year’s $108 million as the company looks to trim debt and focus on cost control. “Given the results that we achieved so far this year, and assuming a continuation…