Brief: Emeco Says Expect To See Acceleration Of Earnings Commencing During 2H

Emeco Holdings

17/11/2022 02:12

Nov 17 (Reuters) - Emeco  EHL.AX :
    * EXPECT TO SEE ACCELERATION OF EARNINGS COMMENCING DURING
2H
    * NOW EXPECT 1H23 OPERATING EBITDA TO BE IN RANGE OF A$109
TO
A$113 MILLION
    * HAVE STARTED SEEING AN UPTICK IN UTILISATION AS TIGHT
LABOUR
ENVIRONMENT BEGINS TO EASE
    * 2H23 IS EXPECTED TO BOUNCE BACK WITH SUBSTANTIAL
IMPROVEMENT IN
MARGIN AND EARNINGS

Source text for Eikon:  ID:nASX998fSd 
Further company coverage:  EHL.AX 
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