SDF Withdraws its FY20 Guidance Amid Coronavirus Pandemic

  • Mar 25, 2020
  • Team Kalkine

Steadfast Group Limited (ASX:SDF) has reported strong numbers for the first half year of FY20 and the two months to the end of February 2020. But due to events that have outspread during the month of March 2020 and the implications for numerous businesses and employees, the company has withdrawn its guidance for FY20.

  • The company shall provide an update on expected financial performance and the impact of the unfolding COVID-19 situation when practical.
  • The general insurance sector is expected continue to provide the necessary insurance products that allow businesses to continue to trade.

At AEDT 12:42 PM, the stock was trading at $2.770 per share, down by 6.102% from its previous close.

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