CAPITAL MARKETS

Ausdrill profit surging

AUSDRILL founding light Ron Sayers may be in the home stretch with the company he founded more than 30 years ago, but if the December half is any indication his last 12 months as managing director will leave it in rude health, with profits surging 163%.

Haydn Black
Ausdrill profit surging

If Sayers can keep up that momentum his replacement will inherit a company, that at the end of the current financial year, should have achieved a 40% uplift on profit after tax. The company said its...

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