Imdex beats targets

MINING equipment, services and technology firm Imdex is riding the recovery wave, posting improved figures for fiscal 2017-18 yesterday, and tipping the good times to roll in as indicators across the board suggest increasing demand for its products and services.

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Revenue was boosted 24% to A$218.5 million, EBITDA was up $42.4 million, and net profit after tax jumped from $3.72 million to $21.1 million.

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