April 15 (Reuters) - Electro Optic Systems Holdings Ltd EOS.AX :
* FY2020 EBIT GUIDANCE REVISED TO $27 MILLION REPRESENTING EBIT GROWTH OF 25%
* RAISING ABOUT $134 MILLION VIA INSTITUTIONAL PLACEMENT OF NEW FULLY PAID ORDINARY SHARES
* EOS IS IN FINAL STAGES OF AWARD FOR A MATERIAL CONTRACT FROM AN EXISTING CUSTOMER
* REVISED GUIDANCE IS FOR $230 MILLION IN REVENUE AND $27 MILLION EBIT FOR FY2020
* $3 BILLION PIPELINE OF POTENTIAL CONTRACT AWARDS IS UNCHANGED
* AUSTRALIAN PRODUCTION DIVIDED ITS SINGLE SHIFT INTO TWO EQUAL SHIFTS WHICH HAS TEMPORARILY REDUCED OUTPUT BY 20%