Level 9 | Telephone +612 8248 9999 |
Aurora Place | Facsimile +612 9247 5534 |
88 Phillip Street | www.adbri.com.au |
Sydney NSW 2000 | Adbri Limited |
ABN 15 007 596 018 |
4 August 2020
COVID-19 RESTRICTIONS IN VICTORIA
Adbri Limited ("Adbri" or "the Company") (ASX: ABC) acknowledges the announcement by the
Andrews Government on 3 August 2020, implementing Stage 3 and 4 restrictions across Victoria including the "Guide for business - stage 4 restrictions". While Group sites can continue to operate during the six-week restriction period, Adbri will work closely with its customers to assess their requirements for construction materials, and will modify production levels in response to demand.
Nick Miller, Adbri Chief Executive Officer, said:
"We understand the Victorian Government's decision, and will play our part to protect our people and the community at large as our first priority. We are committed to working through this period with our customers while cooperating with the Government and health authorities to fight COVID-19 and keep our community safe. To date, all of our sites have been fully operational and we have had no confirmed cases of COVID-19 within the employees of Adbri or its subsidiaries."
Adbri's balance sheet remains robust, with liquidity in excess of $457 million in cash and undrawn bank facilities and no debt facilities maturing until November 2024.
-ENDS-
Authorised for release by the Company Secretary.
For further information please contact:
Darryl Hughes
General Manager, Corporate Finance & Investor Relations
Telephone: +61 417 814 290
Email: Darryl.Hughes@adbri.com.au
Jon Snowball
Domestique Consulting
Telephone: +61 477 946 068
Email: Jon@domestiqueconsulting.com.au
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Adelaide Brighton Limited published this content on 04 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2020 23:06:02 UTC