Brief: Emeco Holdings Says Outlook For FY24 Is Positive

Emeco Holdings

23/08/2023 02:26

Aug 23 (Reuters) - Emeco Holdings Ltd  EHL.AX :
    * OUTLOOK FOR FY24 IS POSITIVE
    * BOARD HAS APPROVED A 2H23 CAPITAL MANAGEMENT PACKAGE OF
A$13.8
MILLION
    * CAPITAL MANAGEMENT PACKAGE INCLUDING A$7 MILLION IN
ON-MARKET
BUY-BACK PROGRAM
    * NET SUSTAINING CAPEX FOR YEAR AHEAD IS EXPECTED TO BE
APPROXIMATELY A$160 MILLION
    * ENTER FY24 WITH STRONG MOMENTUM
    * PNP EARNINGS EXPECTED TO BE LOWER IN 1H24 COMPARED WITH
2H23
    * PNP FULL YEAR EARNINGS EXPECTED TO BE HIGHER THAN FY23

Source text for Eikon:  ID:nASX8TXQbM 
Further company coverage:  EHL.AX