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News: ABC Adelaide Brighton Updates On Withdrawal Of Earnings Guidance

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    02/04/20
    09:35
    Post #: 43833220

    April 2 (Reuters) - Adelaide Brighton Ltd (ABC) :

    • WITHDRAWAL OF EARNINGS GUIDANCE
    • GROUP COMPLETED REFINANCING OF MAJOR DEBT FACILITIES IN NOV 2019 AND HAS NO DEBT FACILITIES MATURING UNTIL NOV 2024
    • GIVEN UNCERTAINTY IN RELATION TO DURATION AND IMPACT OF COVID 19, WITHDRAWS EARNINGS GUIDANCE FOR FY20
    • CONTINUING TO PROGRESS COST-OUT PROGRAMME & REVIEWING CAPEX PLANS
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