EHL emeco holdings limited

News: EHL Emeco Holdings To Acquire 100% Of Pit N Portal For $72 Mln

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    Jan 29 (Reuters) - Emeco Holdings Ltd (EHL) :

    • EMECO TO ACQUIRE 100% OF PIT N PORTAL FOR $72 MILLION
    • DEAL IS EPS ACCRETIVE ON AN FY19 PRO FORMA BASIS POST TRANSACTION
    • UNAUDITED 1H20 OPERATING EBITDA OF $119 MILLION
    • ACQUISITION TO BE PRIMARILY FUNDED BY FULLY UNDERWRITTEN PRO-RATA ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER TO RAISE ABOUT $65 MILLION
    • REMAINS ON TRACK TO ACHIEVE GUIDED LEVERAGE OF 1.5X IN FY20
    • 1H20 REVENUE $246 MILLION, UP 10%
    • ALL SHARES OFFERED UNDER ENTITLEMENT OFFER WILL BE ISSUED AT A PRICE OF $2.07 PER NEW SHARE
    • CASH FLOW IS EXPECTED TO SIGNIFICANTLY IMPROVE IN 2H20
 
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(20min delay)
Last
$1.06
Change
0.010(0.95%)
Mkt cap ! $549.4M
Open High Low Value Volume
$1.07 $1.08 $1.04 $509.3K 482.0K

Buyers (Bids)

No. Vol. Price($)
1 20000 $1.05
 

Sellers (Offers)

Price($) Vol. No.
$1.07 21220 1
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Last trade - 16.10pm 11/09/2025 (20 minute delay) ?
EHL (ASX) Chart
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