Feb 25 (Reuters) - Apollo Tourism & Leisure Ltd (ATL) : CURRENT...

Feb 25 (Reuters) - Apollo Tourism & Leisure Ltd (ATL) :

• CURRENT FORECAST IS FOR FY20 UNDERLYING NPAT TO BE IN A RANGE OF $8M - $9M
• APOLLO WILL INCUR A LOSS IN H2 FY20 DUE TO BUSHFIRES AND CORONAVIRUS
• DUE TO THESE TRADING CONDITIONS, BOARD HAS DECIDED NOT TO DECLARE A DIVIDEND FOR H1 FY20
• NO CLEAR EVIDENCE EITHER BUSHFIRES OR CORONAVIRUS HAVE HAD NEGATIVE IMPACT ON RETAIL RV MARKET IN AUSTRALIA
• AT THIS STAGE, NO SUPPLY CHAIN IMPACT FROM CORONAVIRUS, HOWEVER IT MAY IMPACT BUSINESS IN COMING MONTHS
• UNDERLYING BUSINESS IS STRONG AND WELL POSITIONED TO CYCLE INTO BETTER CONDITIONS IN FY21
• WILL INCUR A H2 FY20 LOSS, CURRENT FORECAST IS FOR FY20 UNDERLYING NPAT TO BE IN A RANGE OF $8M - $9M
• REMAINS OPTIMISTIC ABOUT OUTLOOK BEYOND FY20