News: WPP WPP Aunz Sees Fy20 Net Sales To Be Between $607 MLN And $610 MLN

Dec 17 (Reuters) - WPP Aunz Ltd (WPP) :

• FY20 NET SALES ARE EXPECTED TO BE BETWEEN $607 MILLION AND $610 MILLION, DOWN 14% TO 15% ON FY19
• FY20 HEADLINE EBIT1 EXPECTED TO BE BETWEEN $59 MILLION AND $62 MILLION
• FY21 NET SALES ARE EXPECTED TO BE BETWEEN $630 MILLION AND $650 MILLION
• COST MEASURES EXPECTED TO PROVIDE BENEFIT OF ABOUT $65 MILLION IN FY21
• EXPECTS TO RETURN TO PAYING DIVIDENDS IN 2021 YEAR
• FY21 HEADLINE EBIT EXPECTED TO BE BETWEEN $85 MILLION AND $95 MILLION
• EXPECTS TO DECLARE A DIVIDEND AS PART OF ITS FY20 RESULT