March 24, 2020 / 10:18 AM / in 17 days

BRIEF-EPE Capital Partners Says Impact Of Virus Likely To Disrupt Earnings, Free Cash Flow

March 24 (Reuters) - EPE Capital Partners Ltd:

* UPDATE ON THE IMPACT OF THE CORONAVIRUS

* OUTBREAK OF CORONAVIRUS HAS RESULTED IN SHARP DECLINES IN PEER GROUP MULTIPLES

* VIRUS, GOVERNMENT INTERVENTIONS TO PREVENT SPREAD, WILL HAVE A SHORT-TERM IMPACT ON UNDERLYING BUSINESSES’ PROFITABILITY

* IMPACT OF CORONAVIRUS IS LIKELY TO DISRUPT EARNINGS AND FREE CASH FLOW FOR A PERIOD OF TIME,

* BOARD DOES NOT EXPECT COVID-19 TO HAVE ANY MATERIAL IMPACT ON PORTFOLIO COMPANIES’ MAINTAINABLE EARNINGS

* EXTENT AND SEVERITY OF CORONAVIRUS ARE STILL UNCERTAIN Source text for Eikon: Further company coverage:

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