They broke even in the second half, as EBITDA for first half was $5.4 million and for the full year was around $5.7 million. With 20% growth in revenue expected next year they will be profitable again and had no net debt at half year. It will be interesting to see what cash flow was like in the last half year. A settlement with John Holland would be useful.
Ann: VALMEC MARKET UPDATE, page-13
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)