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OK but up in the air: Virus clouds outlook for 'busy' firms

Liam WalshReporter

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The coronavirus has unravelled more earnings forecasts for companies that say they are performing on track, with toilet and tap maker GWA and engineering outfit Cardno scrapping guidance on Tuesday.

Another engine workshop and sales outfit, Pacific Turbine Brisbane, also said on Tuesday it would not give full-year guidance despite a “strong performance” so far.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/companies/manufacturing/ok-but-up-in-the-air-virus-clouds-outlook-for-busy-firms-20200324-p54dcg