March 9, 2020 / 8:02 AM / 24 days ago

BRIEF-Wilmington Says Not Expecting Material Impact From COVID-19 On FY Profit

March 9 (Reuters) - Wilmington PLC:

* WILMINGTON PLC - UPDATE ON COVID-19 CORONAVIRUS

* WILMINGTON - NOT EXPECTED TO BE MATERIAL IMPACT ON PROFIT FOR YEAR TO 30 JUNE 2020, NO IMPACT ON FOLLOWING FINANCIAL YEAR FROM COVID-19

* WILMINGTON - EXPECTS TO INCUR SOME EXTRA COSTS FROM CHANGE IN DATE FOR EVENT, BUT THESE EXPECTED TO BE PARTLY OFFSET BY INCREMENTAL REVENUE

* WILMINGTON - DEFERRAL OF EVENTS OVERALL EXPECTED TO HAVE £0.5M ADVERSE PROFIT IMPACT ON FINANCIAL RESULTS FOR YEAR TO 30 JUNE 2020

* WILMINGTON - IF TRAVEL BANS IMPOSED IN OTHER PARTS OF WORLD OR EXTENDED BEYOND APRIL END THEN THAT COULD RESULT IN MORE MATERIAL IMPACT ON RESULTS

* WILMINGTON - RELATIVELY SMALL EVENTS IN HONG KONG, DUBAI, MADRID POSTPONED, THESE ARE EXPECTED TO BE RESCHEDULED TO RUN BEFORE FINANCIAL YEAR END 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