Trailer Magazine

Capral confirms Covid-19 market update

  • Posted on Tuesday 11th, August 2020.

Aluminium specialist, Capral, will continue to operate in Victoria during Stage 4 restrictions.

The company said in an ASX announcement that its operations will be strictly conducted under a High Risk Covid Safe Plan.

Capral manufactures and distributes its products to a number of 'permitted to open' sectors including residential building, heavy truck and transport equipment manufacturing, defence and security industries.

Victoria is reported to represent 20 per cent of Capral's total volume and the business does not anticipate a dramatic impact on demand.

"We will close our three retail/trade centres during this period," said Capral. "However, customers will have online access to supply."

Earlier this month, Capral provided earnings guidance for the half year ended 30 June 2020.

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