March 26 (Reuters) - Austin Engineering Ltd ANG.AX :
* EARNINGS GUIDANCE WITHDRAWAL AND INTERIM DIVIDEND DEFERRAL
* IS WITHDRAWING ITS FY2020 EARNINGS GUIDANCE OF $24-$28 MILLION NORMALISED EBITDA
* HAS ELECTED TO DEFER PAYMENT OF ITS INTERIM DIVIDEND OF 0.2 CENTS PER SHARE (TOTALLING $1.2 MILLION) UNTIL 30 SEPTEMBER 2020
* THERE IS A RISK THAT WORKLOADS IN INDONESIA IN FINAL QUARTER OF FY2020 WILL BE SUBDUED IF PURCHASE DECISIONS ARE DEFERRED
* FACILITY IN INDONESIA IS ON TRACK TO MEET ITS MANUFACTURING TARGETS ON ORDERS ALREADY RECEIVED
* CLOSURES OF FACILITIES IN COLOMBIA AND PERU NOT CURRENTLY EXPECTED TO HAVE A MATERIAL IMPACT ON EARNINGS GUIDANCE
* TWO LARGE ORDERS THAT WERE EXPECTED TO BE RECEIVED BY INDONESIA FACILITY ARE STILL WAITING FINAL APPROVAL
* THERE ARE NO CONFIRMED CASES OF COVID-19 AMONG EMPLOYEES THAT CO IS AWARE OF
* EXPECTATIONS FOR CURRENT YEAR EARNINGS INCLUDE MATERIALLY HIGHER Q4 AS OPERATIONS RAMP UP TO MEET INCREASED DEMAND LEVELS