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BRIEF-WPP Aunz Sees Fy20 Net Sales To Be Between $607 MLN And $610 MLN

Published 17/12/2020, 10:08 am
© Reuters.
WPP
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WPP
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Dec 17 (Reuters) - WPP (LON:WPP) Aunz Ltd WPP.AX :

* FY20 NET SALES ARE EXPECTED TO BE BETWEEN $607 MILLION AND $610 MILLION, DOWN 14% TO 15% ON FY19

* FY20 HEADLINE EBIT1 EXPECTED TO BE BETWEEN $59 MILLION AND $62 MILLION

* FY21 NET SALES ARE EXPECTED TO BE BETWEEN $630 MILLION AND $650 MILLION

* COST MEASURES EXPECTED TO PROVIDE BENEFIT OF ABOUT $65 MILLION IN FY21

* EXPECTS TO RETURN TO PAYING DIVIDENDS IN 2021 YEAR

* FY21 HEADLINE EBIT EXPECTED TO BE BETWEEN $85 MILLION AND $95 MILLION

* EXPECTS TO DECLARE A DIVIDEND AS PART OF ITS FY20 RESULT

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