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Reuters
Reuters
Business

Australia's Incitec Pivot flags 2019 earnings impact from plant outages

(Reuters) - Industrial explosives maker Incitec Pivot Ltd on Tuesday said unplanned outages at two of its plants are expected to impact its earnings before interest and tax for fiscal 2019.

The company flagged an impact of about A$45 million ($32.26 million) to its annual earnings for the year to Sept. 30, due to unplanned downtime at its Louisiana and Phosphate Hill plants.

The company's annual ammonium phosphate production will also be impacted by the outages, it added.

(Reporting by Ambar Warrick in Bengaluru; Editing by Sandra Maler)

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