Emeco

Better Equipped | Equipment Solutions for Mining

Emeco Announces Record 1H09 NPAT of $39.0M (up 27.9% PCP) and Declares Interim Divident of 2.0 Cents per Share

  • First half NPAT of $39.0 million, up 27.9% pcp
  • Operating cash flow including sustaining capex of $51.4 million
  • Free cash flow including growth capex and dividends of $5.4 million
  • Debt facilities headroom of $273.6 million, after $13.2 million net cash repayment in 1H09
  • Comfortably compliant with debt covenants
  • Declares interim dividend of 2.0 cents per share, fully franked
  • Management confirm NPAT guidance of $65-$72m for FY09

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