BRIEF-Hulamin Ltd Says Drop In Demand For Products To Negatively Impact EBITDA In H1 Of 2020

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BRIEF-Hulamin Ltd Says Drop In Demand For Products To Negatively Impact EBITDA In H1 Of 2020

April 17 (Reuters) - Hulamin Ltd HLMJ.J :

* JSE: HLM - UPDATE ON THE IMPACT OF COVID-19 ON GROUP OPERATIONS AND GRADUAL PLANT RESTART

* HULAMIN LTD - HULAMIN CLOSED 2019 WITH A STRONG BALANCE SHEET, BORROWINGS BELOW R300 MILLION AND CONSIDERABLE HEADROOM IN ITS DEBT FACILITIES

* HULAMIN - DROP IN DEMAND FOR PRODUCTS, PARTICULARLY IN GENERAL ENGINEERING AND AUTOMOTIVE SECTORS, WILL NEGATIVELY IMPACT EBITDA IN H1 OF 2020

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