SNL 1.25% $30.71 supply network limited

News: SNL Supply Network Withdraws Revenue & Profit Guidance Provided On 24th Jan

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    March 25 (Reuters) - Supply Network Ltd (SNL) :

    • BOARD HAS DECIDED TO WITHDRAW REVENUE AND PROFIT GUIDANCE PROVIDED ON 24TH JANUARY 2020
    • TO DEFER PAYMENT OF INTERIM DIVIDEND OF 6.5 CENTS FULLY FRANKED THAT WAS DUE TO BE PAID ON 2ND APRIL UNTIL 2ND OCTOBER
    • HOLD NORMAL LEVELS OF STOCK; EXPECT POTENTIAL INTERRUPTIONS TO SUPPLY CHAIN FROM OVERSEAS FACTORY CLOSURES TO BE SHORT TERM& IMMATERIAL
    • OPERATIONS CLASSIFIED ESSENTIAL SERVICE SO ALL MULTISPARES BRANCHES TO REMAIN OPEN, ALBEIT WITH SIGNIFICANTLY REDUCED STAFFING
 
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