ESS essential metals limited

Operational History Date Headline 24/05/2007 Essa Australia...

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    Operational History

    Date Headline

    24/05/2007 Essa Australia advised that the Company expects to achieve record results for the year ending 30 June 2007. Revenues in FY07 are expected to exceed $27m, representing an increase of almost 50% over reported revenues for the previous year ended 30 June 2006 of $18.01m. NPAT is expected to exceed $3m for FY07 (earnings per share 6.82 cents). This forecast represents a 65% lift on pcp.
    05/02/2007 Essa Australia reported NPAT of $1.55m for the half year to 31 December 2006. Revenue from ordinary activities was $12.95m, up 48% on pcp. The increase is mainly attributable to a 40% growth in revenue from sampling and sample preparation equipment (from $8.73m to $12.26m) and this is primarily due to the continued high level of activity in the global resources sector and aggressive marketing.
    29/12/2006 Essa Australia advised that it has been awarded a $1m order to supply a complete sample preparation system to a gold mining customer in east Russia. In addition, the company advised that it has secured the supply of a $7m laboratory automation system to a major laboratory group. The system is to be supplied during 2007 and is subject to pre-contract acceptance testing due for completion in May 2007.


 
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Currently unlisted public company.

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