Brief: Arborgen Holdings Expects Us-GAAP Underlying Earnings For FY2020 To Be At Least 40% Higher
April 9 (Reuters) - Arborgen Holdings Ltd ARB.NZ :
* EXPECT US-GAAP UNDERLYING EARNINGS FOR FY2020 WILL BE AT
LEAST
40% HIGHER THAN PRIOR YEAR'S US$6.1 MILLION
* SETTING ASIDE COVID-19, CO EXPECT FISCAL 2021 US-GAAP
UNDERLYING
EARNINGS TO BE HIGHER AGAIN THAN PRIOR YEAR
* 2019-2020 CROP LIFTING & SALES SEASON COMPLETE, AND
PREPARATIONS
UNDERWAY FOR 2020-2021 CROP SEASON
Source text for Eikon: ID:nNZS86q0a
Further company coverage: ARB.NZ
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Arborgen Holdings
See all newsNZ's ArborGen Holdings falls to record low after CEO resigns
Brief: Arborgen Holdings Says Justin Birch Resigned As CEO
Brief: Arborgen Holdings Logs FY Net Income USD -7.5 Mln
New Zealand's ArborGen rises to 2-1/2-week high as annual loss narrows
Brief: Arborgen Sees FY Adjusted US GAAP EBITDA To Be Between USD$10.3M And $10.7M