ELBGROUP:  700   0 (0.00%)  22/07/2019 00:00

ELB Group Sees HY Headline Loss Per Share To Be Between 815 Cents & 819.0 Cents

March 8 (Reuters) - ELB Group Ltd:

* SEES HY HEADLINE LOSS PER SHARE TO BE BETWEEN 815.0 CENTS PER SHARE AND 819.0 CENTS PER SHARE

* HY RESULTS DOMINATED, SEVERELY IMPACTED, BY LOSSES INCURRED ON GAMSBERG ZINC PROJECT IN NORTHERN CAPE

* DELAYS IN FINAL PERFORMANCE TESTING FOR GAMSBERG ZINC PROJECT HAVE RESULTED IN ADDITIONAL COSTS BEING INCURRED

* OTHER ENGINEERING PROJECTS CURRENTLY BEING UNDERTAKEN ARE ALL PROGRESSING AS PLANNED AND ARE MAKING A POSITIVE CONTRIBUTION TO GROUP

* EQUIPMENT & AUSTRALASIAN SEGMENTS HAVE PERFORMED WELL IN A DIFFICULT TRADING ENVIRONMENT AND ARE IN LINE WITH EXPECTATIONS FOR HY Source text for Eikon: Further company coverage:

2019-03-08 15:33:57

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