METS

Emeco scrapes into earnings guidance

MINING services provider Emeco Holdings set a cautious tone on guidance in June due to a wave of challenges facing its patch of the mining sector, including tight labour markets, COVID uncertainties and wet weather, and was right to do so.

Emeco scrapes into earnings guidance

It warned its 2021-22 earnings would land at the lower end of its A$250-260 million guidance, and this morning delivered operating EBITDA of $250 million.   Managing director Ian Testrow said that...

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