Emeco

Better Equipped | Equipment Solutions for Mining

Second Quarter Operational Update

21 January 2016

HIGHLIGHTS:

  • Group utilisation averaged 75% in Q2 FY16, up from 69% in Q2 FY15, while operating utilisation
    averaged 42%, which was slightly below the prior corresponding period
  • Revenue for Q2 FY16 was $54.4 million (unaudited), down 12.7% on Q2 FY15
  • EBITDA margin improved to 19.9%, up from 18.8% in Q2 FY15
  • $8.7 million operating cash flow generated in Q2 FY16

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