Momentum Builds For Emeco Holdings
This story features EMECO HOLDINGS LTD. For more info SHARE ANALYSIS: EHL
Momentum is building for Emeco Holdings which, having dealt with its debt levels, is now looking forward to new projects as it expands its mining services business
-Flat rental outlook for the second half
-Margin dilution likely from increased mining services
-Yet earnings growth to remain strong in the west
By Eva Brocklehurst
Momentum in mining is slowly resuming for Emeco Holdings ((EHL)), with the company expecting FY22 will deliver earnings growth from new projects and expansion of the Pit N Portal business into mining services versus rental.