March 19 (Reuters) - EML Payments Ltd EML.AX :
* TRADING UPDATE AND GUIDANCE SUSPENSION
* TRADING FOR FIRST EIGHT MONTHS OF YEAR TO 29 FEBRUARY HAS BEEN STRONG AND IN LINE WITH UPPER END OF GUIDANCE RANGE
* MADE DECISION TO SUSPEND FORWARD EARNINGS GUIDANCE FOR YEAR ENDING 30 JUNE 2020
* AS OF MID-MARCH GROUP HAS NOT EXPERIENCED MATERIALLY ADVERSE TRADING CONDITIONS
* GROSS DEBIT VOLUME OF $8.71B (+58% OVER PCP) FOR FIRST EIGHT MONTHS OF YEAR TO 29 FEBRUARY
* REVENUE OF $79.6M (+25% OVER PCP) FOR FIRST EIGHT MONTHS OF YEAR TO 29 FEBRUARY
* EBITDA OF $25.3M (NYSE:MMM) (+34% OVER PCP) FOR FIRST EIGHT MONTHS OF YEAR TO 29 FEBRUARY
* HAS NO PLANS TO UNDERTAKE CAPITAL RAISE IN FORESEEABLE FUTURE
* LOWER CENTRAL BANK INTEREST RATES EXPECTED TO NEGATIVELY IMPACT GROSS PROFIT BY $0.6M THROUGH TO 30 JUNE 2020