Emeco

Better Equipped | Equipment Solutions for Mining

Fourth Quarter Operational Update

29 July 2015

HIGHLIGHTS:

  • Group utilisation averaged 74% in Q4 FY15
  • Revenue for Q4 was $65.3 million (unaudited) up 21% on the previous corresponding period
  • Emeco unveils the Emeco Operating System (EOS), its fleet management and applications technology platform, to improve service offering to customers
  • Project Fit expected to realise cost savings of $14 million in FY16
  • Canada wins rental contract in Labrador iron ore region
  • Chilean rental business enters into partnership agreement with Thiess on Encuentro project
  • Discussions with Orionstone concluded and Rentco transaction terminated

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