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Driller Swick expects to meet lower end of guidance

DRILLING company Swick Mining Services expects revenue and earnings to be at the lower end of guidance as a result of later than expected mobilisations of additional rigs to existing contracts.

Michael Quinn
Driller Swick expects to meet lower end of guidance

Swick's guidance for the current financial year was for revenue of A$135-145 million and earnings of $17.5-19.5 million (on an EBITDA basis).   The company reported increased quarterly revenue for...

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