March 23, 2020 / 5:25 PM / 12 days ago

BRIEF-Personal Group Holdings Sees FY19 Results To Be Slightly Ahead Of Market Expectations

March 23 (Reuters) - Personal Group Holdings PLC:

* CONFIRMS THAT FY 2019 RESULTS ARE EXPECTED TO BE SLIGHTLY AHEAD OF MARKET EXPECTATIONS

* IT IS DIFFICULT TO PREDICT BOTH TIMING AND EXTENT OF IMPACT OF COVID-19

* EXPECTED THAT ONGOING IMPACT OF VIRUS COULD HAVE A MATERIAL NEGATIVE IMPACT ON GROUP’S EBITDA FOR 2020, AND INTO 2021

* GROUP REMAINS CONFIDENT THAT ITS BUSINESS WILL STILL BE PROFITABLE WITH STRONG BALANCE SHEET, POSITIVE CASH FLOW AND NO DEBT

* PUBLICATION OF GROUP’S FY 2019 RESULTS WILL BE DELAYED UNTIL CO RECEIVES FURTHER ADVICE ON TIMING Source text for Eikon: Further company coverage:

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