News: UNV Universal Coal PLC Fy2020 Guidance Forecast Group Sales Up 25%

Oct 28 (Reuters) - Universal Coal PLC (UNV) :

• FY2020 GUIDANCE FORECAST GROUP SALES UP 25% TO 8.4MT, ATTRIBUTABLE SALES UP 21% TO 4.6MT
• QUARTERLY ROM COAL PRODUCTION OF 2.8MT, UP 51%
• FY2020 GUIDANCE EBITDA OF A$73 MILLION, ATTRIBUTABLE $42 MILLION AT US$68/TONNE
• GROUP COAL SALES FOR QUARTER OF 1.9MT, UP 58% ON PCP
• DECLARATION OF FINAL DIVIDEND OF A$0.01 PER SHARE
• MAINTAIN A POSITIVE LONGER-TERM OUTLOOK ON THERMAL COAL PRICING ENVIRONMENT
• ESTIMATED A$46 MILLION OF CAPITAL EXPENDITURE REQUIREMENTS FOR YEAR

UNV)

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