March 24, 2020 / 6:38 AM / 8 days ago

BRIEF-Napier Port Withdraws Earnings Guidance For Year To 30 Sept 2020

March 24 (Reuters) - Napier Port Holdings Ltd:

* WITHDRAWING ITS EARNINGS GUIDANCE FOR YEAR TO 30 SEPTEMBER 2020

* NOW EXPECTS TO SEE REDUCED LEVELS OF LOGS, PULP AND TIMBER FOREST PRODUCTS

* FOOD AND BEVERAGE CARGOS, NOTABLY MEAT, PIPFRUIT AND FRESH PRODUCE, NOT EXPECTED TO BE MATERIALLY AFFECTED BY CONTAINMENT MEASURES

* EXPECTS CARGO FLOWS THROUGH NAPIER PORT TO BE LOWER THAN FINANCIAL FORECASTS WITH MATERIAL IMPACT ON 2020 FINANCIAL OUTLOOK

* EXPECTS WORK TO BE SUSPENDED ON WHARF UNTIL COVID-19 ALERT IS REDUCED TO A LOWER LEVEL Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below