March 18, 2020 / 10:28 PM / 17 days ago

BRIEF-Downer EDI Ltd Withdraws Earnings Guidance For 2020 Financial Year

March 19 (Reuters) - Downer EDI Ltd:

* DECIDED TO WITHDRAW ITS EARNINGS GUIDANCE FOR 2020 FINANCIAL YEAR

* DECIDED TO WITHDRAW ITS EARNINGS GUIDANCE FOR 2020 FINANCIAL YEAR.

* GIVEN UNCERTAINTY AROUND IMPACT OF COVID-19 VIRUS, IT HAD DECIDED TO WITHDRAW ITS EARNINGS GUIDANCE FOR 2020 FINANCIAL YEAR

* IMPLEMENTING RANGE OF COST REDUCTION INITIATIVES ACROSS GROUP Source text for Eikon: Further company coverage:

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