Jan 24 (Reuters) - UCW Ltd UCW.AX :
* NOW EXPECTS ALG TO RECORD 1H20 REVENUE OF $9.2M TO $9.4M AND EBITDA OF $1.0M TO $1.2M
* EXPECTS IKON TO RECORD 1H20 REVENUE OF $3.1M TO $3.3M (NYSE:MMM) AND EBITDA OF $0.4M TO $0.6M
* DUE TO SUSTAINED CHALLENGING MARKET CONDITIONS & DECLINE IN PROFITABILITY, INTENDED TO REASSESS CARRYING VALUE OF INVESTMENT IN GRADABILITY PTY
* A NON-CASH IMPAIRMENT WAS LIKELY AS PART OF ITS FY20 HALF-YEAR FINANCIAL REPORTING
* ANTICIPATED FY20 OPERATING PROFIT WELL BELOW THAT OF FY19
* REAFFIRMS THAT ALG, & PARTICULARLY IKON'S REVENUE AND EBITDA IS EXPECTED TO BE HIGHER IN H2 FY20 COMPARED TO H1
* EXPECTS CO TO REPORT RECORD CONSOLIDATED REVENUE AND EBITDA FOR FULL YEAR
* WILL CONTINUE TO REVIEW AND CONSIDER ALTERNATIVES FOR GRADABILITY INVESTMENT