Brief: Nick Scali Says One Of Its Freight Forwarders Experienced Operational Issues & Is Under Administration Of Liquidator
20/11/2024 01:08
Nov 20 (Reuters) - Nick Scali Ltd NCK.AX :
* ONE OF ITS FREIGHT FORWARDERS AND CUSTOMS AGENTS HAS
EXPERIENCED
OPERATIONAL ISSUES AND IS NOW UNDER ADMINISTRATION OF A
LIQUIDATOR
* MADE AN APPLICATION TO FEDERAL COURT OF AUSTRALIA TO SEEK
ORDERS
FOR SHIPPING LINES TO RELEASE COMPANY'S CONTAINERS
* EXPECTS TO INCUR UNEXPECTED ADDITIONAL STORAGE AND
DETENTION
COSTS FOR CONTAINERS
* UNEXPECTED DELAYS, COSTS ADDING ADDITIONAL RISKS TO
COMPANY'S
ABILITY TO ACHIEVE PRIOR GUIDANCE OF NPAT FOR AUS AND NZ IN H1
FY25
Further company coverage: NCK.AX
((Reuters.Briefs@thomsonreuters.com;))
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