Australia's Emeco Holdings rises after reaffirming forecast

Emeco Holdings

17/06/2025 03:45

** Shares of Emeco Holdings EHL.AX rise 3.9% to A$0.7950

** Stock on track for best day since June 2, if gains hold

** Mining services provider reaffirms its FY25 earnings guidance which includes targeting full-year operating EBITDA of A$300 million ($195.66 million)

** Earlier stock rose as much as 7.2% to A$0.82, its highest since April 4

** Stock down 13.1% YTD, including moves in current session

($1 = 1.5333 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))