Futuris also blamed today's downgrade on an expected negative contribution from beef producer Australian Agricultural Company Ltd (AACo). Last month, Futuris abandoned its attempt to off-load its 43% stake in AACo. Futuris said today that assuming that MIS sales fell within the forecast range of $35 million to $45 million, the company's underlying profit would rise in fiscal 2009 to between $85 million and $90 million. It has estimated EBIT in the 2009 financial year to fall within ``the lower range of market expectations'' of $178 million to $191 million. Shadforths private client adviser Will Homan, who owns Futuris shares, said the slowdown in MIS sales from the firm's hardwood plantation arm ITC was a follow-on from poor returns in stock market and property investments. "MIS sales typically are used by people to reduce their taxable income,'' Mr Homan said. "People's wealth or their accumulation of wealth hasn't been as strong this financial year as in the past.''