EHL 0.86% 86.8¢ emeco holdings limited

April 28 (Reuters) - Emeco Holdings Ltd (EHL) : Generated...

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    April 28 (Reuters) - Emeco Holdings Ltd (EHL) :

    • Generated revenue of A$49.7 million and operating EBITDA of A$20.4 million in Q3 2017
    • Tropical cyclone Debbie affected Australia operations in late March, however company's employees were uninjured and its fleet was not damaged
    • Most mine operations in australia had recovered by early April and this is not expected to materially impact 4q17
    • "Positive medium term outlook with increased production expected at existing sites and increased number of tenders coming to market"
    • Hmer has exercised option to buy majority of Emeco's fleet in Canada, generating cash proceeds for emeco of about a$13.8 million
    • Emeco does not expect a material earnings contribution from canadian business in near-term
 
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Last
86.8¢
Change
-0.008(0.86%)
Mkt cap ! $401.7M
Open High Low Value Volume
87.0¢ 87.0¢ 86.8¢ $99.36K 114.2K

Buyers (Bids)

No. Vol. Price($)
5 5205 86.5¢
 

Sellers (Offers)

Price($) Vol. No.
87.0¢ 43351 10
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