April 30, 2020 / 8:47 PM / 25 days ago

BRIEF-Briscoe Sees Only Modest Profit To Be Reported For H1

May 1 (Reuters) - Briscoe Group Ltd:

* Q1 SALES NZ$97.0 MILLION, 35.6% LOWER

* BOARD & SENIOR MANAGEMENT AGREE TO TEMPORARY REDUCTION IN FEES AND SALARIES OF 20% FROM MAY 2020

* EFFECT OF ONGOING ECONOMIC & SOCIAL IMPLICATIONS DUE TO COVID-19 ON H1REVENUE WILL BE SIGNIFICANT

* SEES ONLY MODEST PROFIT TO BE REPORTED FOR H1 Source text for Eikon: Further company coverage:

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