March 16, 2020 / 12:45 AM / 13 days ago

BRIEF-Challenger Updates On Capital Position And FY20 Guidance

March 16 (Reuters) - Challenger Ltd:

* UPDATE ON CAPITAL POSITION AND FY20 GUIDANCE

* CURRENTLY ON TRACK TO ACHIEVE FY20 NORMALISED NET PROFIT BEFORE TAX WITHIN GUIDANCE RANGE

* CONFIRMS IT REMAINS WELL CAPITALISED AND IS CURRENTLY ON TRACK TO ACHIEVE FY20 NORMALISED NET PROFIT BEFORE TAX WITHIN ITS GUIDANCE RANGE

* BELIEVES IT IS PRUDENT TO RETURN TO ORIGINAL FY GUIDANCE RANGE OF NORMALISED NET PROFIT BEFORE TAX OF BETWEEN $500 MILLION & $550 MILLION Source text for Eikon: Further company coverage:

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