And according to Seek last night , Primero’s EPC engagements are...

And according to Seek last night , Primero’s EPC engagements are on the rise …

Spoiler : Image

And this morning The Australian reported today that ‘over the fence- company Seven Group Holdings (but a bit bigger at near $15billion market cap is flying despite flaccid media arm results .. thanks partly to WesTrac.

Sector is largely in a good place for those with debt under control
NRW is in a good place : )

Spoiler : See SVW report

https://www.theaustralian.com.au/bu...erage/d1677550acb743100a91e83806426a76#153874

Seven Group's underlying profit jumps 30pc

Tansy Harcourt
Seven Group Holdings' underlying net profit after tax rose 30 per cent to $850m after the conglomerate controlled by the billionaire Stokes family saw strong gains across its industrial companies, offsetting weakness at its media division.

SGH revenue rose 9.5 per cent and underlying earnings before interest and tax rose 19.6 per cent to $1.42bn. The company’s reported statutory net profit fell 19.2 per cent to $522.1m.

The company’s WesTrac Caterpillar dealership saw a 19 per cent increase in revenue to $5.8bn and earnings before interest and tax jumped 25 per cent to $623m.

Revenue in Boral, the building materials company that SGH seized full control of this year, rose 3 per cent to $3.6bn and earnings before interest and taxes surged 61 per cent to $372m. At industrial hire company Coates, revenue was marginally up to $1.1bn and EBIT rose 9 per cent to $327m.

The controversy-plagued Seven West Media are saw revenue fall 5 per cent and EBIT plummet 45 per cent to $32m on weaker advertising sales.

The company will pay a final dividend of 30 cents per share.

… cheers