Feb 22 (Reuters) - Automotive Holdings Group Ltd (AHG) :
- HY REVENUES FROM ORDINARY ACTIVITIES UP 1.7% TO $3.22 BILLION
- COMPANY HAS A NEAR‐TERM TARGET OF A FURTHER $23 MILLION IN RECURRING COST REDUCTIONS FOR FY2020
- AHG ADVISES ITS FORECAST FOR FULL‐YEAR OPERATING NPAT IS NOW IN RANGE OF $52 MILLION TO $56 MILLION
- AUTOMOTIVE HOLDINGS GROUP - CO HAS TAKEN DECISION TO CLOSE A NUMBER OF UNDER‐PERFORMING BUSINESSES, REFLECTED IN UNUSUAL ITEMS FOR PERIOD
- HY LOSS ATTRIBUTABLE $225.6 MILLION VERSUS PROFIT OF $40.7 MILLION
- ANNOUNCES TEMPORARY SUSPENSION OF EXISTING DIVIDEND POLICY OF 65% TO 75% OF OPERATING PROFIT AFTER TAX
- AUTOMOTIVE HOLDINGS - COMMENCED STRATEGIC REVIEW OF CO'S REFRIGERATED LOGISTICS BUSINESS; APPOINTED UBS, LUMINIS PARTNERS AS JOINT FINANCIAL ADVISERS
- SEES FY OPERATING NPAT $52 MILLION TO $56 MILLION
Source text: http://bit.ly/2Nl0rDo
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