for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Healthcare

BRIEF-Qube Says Unable To Forecast Underlying Earnings For FY20

April 6 (Reuters) - Qube Holdings Ltd:

* NOT PRESENTLY ABLE TO FORECAST UNDERLYING EARNINGS FOR FY20, WITHDRAWS PREVIOUS GUIDANCE

* FREIGHT AND LOGISTICS SECTOR DEFINED AS ESSENTIAL SERVICE IN AUSTRALIA AND NEW ZEALAND; SEES MOST OF CO’S OPERATIONS TO CONTINUE

* BOARD AND MANAGING DIRECTOR HAVE ELECTED TO REDUCE THEIR FIXED REMUNERATION BY 50%

* TO PROGRESS PARTNERING/MONETISATION PROCESS ON MOOREBANK AND SOME OTHER ASSETS, DUE TO CURRENT ENVIRONMENT, SEES PROCESS TAKING LONGER Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up