BKL 0.00% $94.73 blackmores limited

News: BKL Blackmores Ltd Says Downgrades Full-Year Profit Expectations

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    Feb 12 (Reuters) - Blackmores Ltd (BKL) :

    • DOWNGRADES FULL-YEAR PROFIT EXPECTATIONS
    • EXPECTED GROUP'S FIRST-HALF STATUTORY NPAT IS $18.3 MILLION WITH AN UNDERLYING NPAT OF $18 MILLION
    • REVENUE IN SECOND-HALF IS EXPECTED TO BE SIMILAR TO THAT ACHIEVED IN FIRST-HALF,
    • ANTICIPATE FULL-YEAR NPAT WILL BE IN RANGE OF $17 MILLION TO $21 MILLION.
    • GROUP'S TRANSITION TO MANUFACTURING HAS PUT PRESSURE ON SECOND-HALF RESULT
    • ANNOUNCES DECISION NOT TO PAY AN INTERIM DIVIDEND TO CONSERVE CASH FOR OPERATIONS.
    • ANTICIPATING AT LEAST 2-3 MONTHS OF CHINA SALES AND SUPPLY CHALLENGES DUE TO CORONAVIRUS
    • FIRST-HALF REVENUE OF $303 MILLION, UNDERLYING NPAT OF $18 MILLION
 
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