Brief: Steel & Tube Holdings Says First Half Results Expected To Be Lower Than Prior Year

Steel & Tube Holdings

17/11/2019 19:57

Nov 18 (Reuters) - Steel & Tube Holdings Ltd  STU.NZ :
    * ADVERSE TRADING CONDITIONS ARE CONTINUING AND ITS FIRST
HALF
RESULTS ARE EXPECTED TO BE LOWER THAN PRIOR YEAR.
    * AN INCREASE IN DEBT WRITE-OFFS AND PROVISIONING EXPECTED
TO
IMPACT EARNINGS BY ABOUT $2 MILLION IN FIRST HALF OF YEAR
    * ALL FIGURES IN NZ$

Source text for Eikon:  ID:nNZWbRVW9l 
Further company coverage:  STU.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))