Brief: Macmahon Says Executes Dawson South Equipment Sale Agreement

Macmahon Holdings

12/04/2024 02:29

April 12 (Reuters) - Macmahon Holdings Ltd  MAH.AX :
    * EXECUTES DAWSON SOUTH EQUIPMENT SALE AGREEMENT
    * SALE IS EXPECTED TO RESULT IN A$44 MILLION OF NET CASH
INFLOWS
    * AGREED TO SELL SUBSTANTIAL PORTION OF ITS REMAINING MOBILE
EQUIPMENT FLEET AT DAWSON SOUTH PROJECT
    * REAFFIRMS THAT IT EXPECTS TO DELIVER FY24 REVENUE OF
BETWEEN
A$1.8 BILLION TO A$1.9 BILLION
    * REAFFIRMS IT EXPECTS TO DELIVER FY24 UNDERLYING EBIT(A) OF
A$130
MILLION TO A$140 MILLION

Further company coverage:  MAH.AX 

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