Nov 21 (Reuters) - Austin Engineering Ltd ANG.AX :
* EXPECTS UNDERLYING EBITDA WILL BE AT UPPER END OF EARNINGS GUIDANCE RANGE FOR FY2020 OF $24-28 MILLION FROM CONTINUING OPERATIONS
* EXPECTS TO GENERATE ABOUT TWO-THIRDS OF ITS UNDERLYING EBITDA FOR FY2020 IN SECOND HALF OF FINANCIAL YEAR
* BOARD WILL ASSESS WHETHER AUSTIN WILL REINSTATE DIVIDENDS AT TIME OF RELEASING 1H2020 FINANCIAL RESULTS
* CONFIRMS IT HAS ABOUT $26.6 MILLION OF FRANKING CREDITS AVAILABLE TO APPLY TO ANY FUTURE DIVIDEND PAYMENTS