July 9 (Reuters) - Peet Ltd PPC.AX :
* PEET LTD- NON-CORE PROJECT DIVESTMENT PROGRAM EXPECTED TO REALISE C.$75 MILLION DURING FY21 AND FY22
* PEET LTD- RESTRUCTURING AND DIVESTMENT-RELATED PROVISIONS OF C.$45 MILLION AFTER TAX EXPECTED IN FY2
* PEET LTD- FY20 OPERATING PROFIT2 AFTER TAX EXPECTED TO BE IN RANGE OF $14-16 MILLION
* PEET LTD- RIGHT-SIZING OF COST BASE TARGETING ANNUALISED SAVINGS OF $5-7 MILLION FROM 2H21
* PEET LTD- SALES INCREASED 57% DURING QUARTER ENDED 30 JUNE
* PEET LTD- CONTINUES TO REMAIN CAUTIOUS ON OUTLOOK FOR FY21