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BRIEF-Traffic Technologies Estimates Trading Revenue For HY Will Be About 10% Lower

Published 23/12/2019, 12:24 pm
TTI
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Dec 23 (Reuters) - Traffic Technologies Ltd TTI.AX :

* ESTIMATES THAT TRADING REVENUE FOR HALF-YEAR TO 31 DEC WILL BE ABOUT 10% LOWER THAN PCP

* EXPECTS TO DELIVER A BETTER RESULT IN SECOND HALF OF FINANCIAL YEAR

* PRUDENT TO RECORD AN IMPAIRMENT PROVISION OF $10.5M AGAINST VALUE OF GOODWILL IN 31 DECEMBER 2019 HY STATEMENTS

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