May 15, 2020 / 8:05 AM / 2 months ago

BRIEF-Distell Group Sees FY HEPS Between 60% & 80% Lower

May 15 (Reuters) - Distell Group Holdings Ltd:

* COVID-19 UPDATE AND TRADING STATEMENT

* GROUP’S PROFIT ATTRIBUTABLE TO ORDINARY SHAREHOLDERS FOR 10 MONTHS ENDED APRIL 2020 IS EXPECTED TO BE ABOUT 25% LOWER

* SEES FY BASIC EPS BETWEEN 45% (178,4 CENTS PER SHARE) AND 65% (257,7 CENTS PER SHARE) LOWER

* BASIC EPS FOR FY IS EXPECTED TO BE BETWEEN 45% (178,4 CENTS PER SHARE) AND 65% (257,7 CENTS PER SHARE) LOWER THAN LAST YEAR

* SEES FY HEPS BETWEEN 60% (391,7 CENTS PER SHARE) AND 80% (522,3 CENTS PER SHARE) LOWER

* BOARD AND EXECUTIVE MANAGEMENT TO SACRIFICE UP TO 30% OF RESPECTIVE FEES AND REMUNERATION FOR 3 MONTHS EFFECTIVE 1 APRIL Source text for Eikon: Further company coverage:

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