This is reassuring.
liked these parts in the Announcement:
"PTB Group continues to experience strong levels of demand for its key services, with a solid
pipeline of engine overhauls and repairs. Furthermore, the Prime Turbines, LLC acquisition
(refer announcement 27th February) is also trading in line with expectations and will be
included in Group results from March 2020."
" It is estimated that
following this acquisition, tourism related customers account for approximately 20% of proforma revenues with no single customer accounting for more than 15% of pro forma revenue.
PTB Group’s specialist services are predominately provided outside regular public transport
aviation markets, with its offering typically suited to planes of less than 25 seat capacity."
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Dani Nadri, Country Manager Australia
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