News: UMG United Malt Expects FY21 Underlying NPAT About A$36 Mln-A$41 Mln

Sept 1 (Reuters) - United Malt Group Ltd (UMG) :

• FY21 TRADING UPDATE & EARNINGS GUIDANCE
• FY21 UNDERLYING EBITDA EXPECTED TO BE A$129-134 MILLION
• FY21 UNDERLYING NPAT EXPECTED TO BE ABOUT A$36-41 MILLION
• IN N. AMERICA, CONTINUES TO BE WELL PLACED TO LEVERAGE REOPENING OF VENUES FOR INCREASED ON-PREMISE BEER CONSUMPTION
• EXPECTS MALT VOLUMES FOR FULL YEAR TO REACH ABOUT 95% OF PRE COVID-19 LEVELS
• SEEING CONSISTENT ORDERING AND IMPROVEMENTS IN SALES MIX, WITH GREATER DEMAND FOR SPECIALTY MALTS IN NORTH AMERICA