News: QHL Quickstep Holdings Says COVID-19 Challenges Ongoing But Expected To Improve Over Coming...

April 22 (Reuters) - Quickstep Holdings Ltd (QHL) :

• OPERATIONAL UPDATE-QHL.AX
• COVID-19 RELATED CHALLENGES ARE ONGOING BUT ARE EXPECTED TO IMPROVE OVER COMING WEEKS
• DURING MARCH 2022 BANKSTOWN FLOODING RESULTED IN A SITE CLOSURE FOR 2 DAYS
• FY2022 REVENUE WILL BE HIGHER THAN FY2021
• SEES FY2022 POSITIVE UNDERLYING PBT, ALBEIT LOWER THAN UNDERLYING FY2021 PBT
• BANKSTOWN FLOODING HAD DIRECT IMPEDIMENT TO PRODUCTION SCHEDULES
• FY2022 GUIDANCE OF POSITIVE CASH FLOW PERFORMANCE MAINTAINED
• SEES DEMAND RECOVERY IN COMMERCIAL AEROSPACE DURING CY22
• H2 FY2022 HAS REPRESENTED MOST CHALLENGING PERIOD OF PANDEMIC TO OUR OPERATIONS