Emeco

Better Equipped | Equipment Solutions for Mining

Third Quarter Operational Update

30 April 2015

HIGHLIGHTS:

  • Group utilisation averaged 75% in Q3 FY15, up from 53% in Q3 FY14
  • Revenue for Q3 was $67 million (unaudited) up 6% on the previous corresponding period and up 8% on Q2 FY15
  • EBITDA margins continuing to increase quarter on quarter
  • Business improvement program underway to reduce costs by at least $10 million and further increase margins
  • Clear focus on improving the core Emeco business

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