SSM service stream limited

Ann: Service Stream FY2020 Results Announcement, page-4

  1. 5,012 Posts.
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    Why? It's pretty common and gives people time to assess the outlook before taking a position at tomorrow's opening. This was a lot better than I expected, given the impact of CV19 on business confidence and the construction sector :

    “We are very pleased with the operational and financial
    performance that the business has delivered over the past 12 months. Service Stream has achieved record
    earnings of $108.1 million, representing 16% growth on the prior year. This was further complemented by
    improved Group EBITDA margins, a strong profit-to-cash conversion, and the business successfully
    securing more than $200m in future annual revenues through contract extensions or new agreements
    across our utility operations."


 
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