EHL Nice report after knocking back an approach last month KPIs all turning up...
THIRD QUARTER OPERATIONAL UPDATE
HIGHLIGHTS:
Group utilisation averaged 75% in Q3 FY15, up from 53% in Q3 FY14
Revenue for Q3 was $67 million (unaudited) up 6% on the previous corresponding period and up 8% on Q2 FY15
EBITDA margins continuing to increase quarter on quarter
Business improvement program underway to reduce costs by at least $10 million and further increase margins
Clear focus on improving the core Emeco business
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