MCE matrix composites & engineering limited
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News: MCE Matrix Composites & Engineering Confirms It Expects FY18 Loss

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    06/08/18
    14:45
    Post #: 34750110

    Aug 6 (Reuters) - Matrix Composites & Engineering Ltd (MCE) :

    • CONFIRM IT EXPECTS AN FY18 EBITDA LOSS OF $6.9 TO $7.3 MILLION
    • AWARDED $2.4 MILLION CONTRACT FROM BULK FREIGHT CO TO DEVELOP & MANUFACTURE 4 PROTOTYPE COMPOSITE BULK TRANSPORT SYSTEMS
    • LOSS LARGELY BEEN DRIVEN BY LOWER REVENUE IN FY18 OF $19.5 MILLION
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