July 24 (Reuters) - Matrix Composites & Engineering Ltd MCE.AX :
* MATRIX COMPOSITES & ENGINEERING - UNAUDITED RESULTS FOR YEAR INDICATE SUBDUED REVENUE FOR Q4 FY20 AND REVENUE FOR YEAR OF CIRCA $27.5 MILLION
* MATRIX COMPOSITES & ENGINEERING- FORESHADOWS REDUCTION IN CARRYING VALUE OF ITS ASSETS TO REFLECT CONTINUING IMPACT ON OIL AND GAS MARKETS
* MATRIX COMPOSITES & ENGINEERING- IN RESPONSE TO DEPRESSED OIL AND GAS CONDITIONS, BOARD INITIATED STRATEGIC REVIEW
* MATRIX COMPOSITES & ENGINEERING- EXPECTS STRATEGIC REVIEW TO TAKE SEVERAL MONTHS, WITH A TARGETED COMPLETION IN Q2 FY21