BRIEF-Lifestyle Communities Withdraws FY20 And All Forward Looking Guidance - Reuters

BRIEF-Lifestyle Communities Withdraws FY20 And All Forward Looking Guidance - Reuters

March 23 (Reuters) - Lifestyle Communities Ltd:

* COMPANY IS WITHDRAWING ITS FY20 AND ALL FORWARD LOOKING GUIDANCE

* HAVE NOT YET HAD ANY CONFIRMED CASES OF COVID-19 WITHIN OUR COMMUNITIES

* HOLDS OVER $90 MILLION IN CASH; NO DEBT FACILITIES MATURING IN NEXT 12 MONTHS

* AT THIS TIME, HAVE NOT SEEN MATERIAL CHANGE IN ENQUIRY LEVELS, FORWARD SALES OR CANCELLATION RATES

* REMAINS ON TRACK TO COMPLETE A TOTAL OF 342 HOMES PRIOR TO 30 JUNE 2020

* HAS NOT HAD ANY FORWARD SETTLEMENT BOOKINGS CANCEL OR DELAY TO DATE Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.

2020-03-23 06:38:00Z
https://www.reuters.com/article/brief-lifestyle-communities-withdraws-fy/brief-lifestyle-communities-withdraws-fy20-and-all-forward-looking-guidance-idUSFWN2BE0GC

Bagikan Berita Ini