METS

Perenti sheds smaller Ausdrill skin

MINING and drilling services group Perenti (formerly Ausdrill) is positioned to build on its “transformational” FY2019 in the current year with A$1.7 billion of $7 billion current work-in-hand down for delivery in FY20 and net profit after tax forecast to come in at about $140 million versus $128.3 million in FY19.