BKL 0.00% $94.73 blackmores limited

News: BKL Australia's Blackmores scraps dividend, cuts outlook on coronavirus impact

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    Feb 12 (Reuters) - Australian vitamin maker Blackmores Ltd (BKL) cut its full-year profit forecast on Wednesday and said it would scrap a dividend for the half, citing a hit from the coronavirus outbreak.

    Blackmores said it expects supply and sales disruptions due to the deadly virus to last for at least two to three months.

    It sees full-year net profit after tax between A$17 million and A$21 million ($11.41 million - $14.10 million). Blackmores reported a profit of A$53 million a year earlier.

    ($1 = 1.4896 Australian dollars)

 
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