March 25, 2020 / 6:19 AM / 12 days ago

BRIEF-Carbon Revolution Withdraws FY20 Guidance Due To COVID-19 Uncertainty

March 25 (Reuters) - Carbon Revolution Ltd:

* WITHDRAWS FY20 GUIDANCE DUE TO COVID-19 UNCERTAINTY

* UNDERLYING DEMAND FOR CARBON REVOLUTION WHEELS REMAINS STRONG OVER LONGER TERM

* LATEST DISCUSSIONS WITH CUSTOMERS HAVE CONFIRMED THAT DEMAND REMAINS STRONG AND FORWARD ORDERS ARE IN PLACE

* MANUFACTURING OPERATIONS AT WAURN PONDS FACILITY ARE CONTINUING ACROSS ALL SHIFTS WITH SEPARATION PROCEDURES IN PLACE

* GLOBAL AUTOMOTIVE SUPPLY CHAINS DISRUPTIONS DUE TO COVID-19 OUTBREAK IMPACTED CUSTOMERS’ ABILITY TO RECEIVE WHEELS IN SHORT TERM Source text for Eikon: Further company coverage:

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