March 22, 2020 / 7:48 PM / 13 days ago

BRIEF-NZME Says 2020 FY Results Are Expected To Be Negatively Impacted By Covid-19

March 23 (Reuters) - NZME Ltd:

* ADVISE THAT ITS 2020 FULL YEAR RESULTS ARE EXPECTED TO BE NEGATIVELY IMPACTED BY COVID-19

* EXTENT TO WHICH NZME’S FINANCIAL PERFORMANCE WILL BE IMPACTED IS IMPOSSIBLE TO PREDICT AT THIS TIME

* TO MITIGATE EXTENT OF IMPACT, CO IMPLEMENTING A NUMBER OF INITIATIVES TO REDUCE COSTS AND CAPITAL EXPENDITURE ACROSS BUSINESS Source text for Eikon: Further company coverage:

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