AHG automotive holdings group limited.
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News: AHG Automotive Holdings Group Updates On Strategic Review Of Refrigerated Logistics Division

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    16/08/19
    10:40
    Post #: 40013651

    Aug 16 (Reuters) - Automotive Holdings Group Ltd (AHG) :

    • CONCLUDED STRATEGIC REVIEW OF REFRIGERATED LOGISTICS DIVISION; DETERMINED THAT SALE OF DIVISION IS PREFERRED OPTION
    • TOLD AP EAGERS STRATEGIC REVIEW OUTCOME; CO INTENDS TO PURSUE REFRIGERATED LOGISTICS DIVISION SALE IN LINE WITH AP EAGERS' INTENT
    • AFFIRMS PREVIOUS GUIDANCE FOR FY2019 OPERATING NPAT OF ABOUT $50 MILLION
    • CO WILL WRITE-DOWN CARRYING VALUE OF REFRIGERATED LOGISTICS DIVISION DUE TO FY18 REVENUE RESTATEMENT BY $24 MILLION
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