Emeco Records operating EBITDA of $122m in H1 FY22
- Emeco (EHL) records H1 FY22 operating earnings before interest, taxes, depreciation and amortisation (EBITDA) of $122M
- This is within range of the $120 million to $125M announced at the company’s annual general meeting in mid-November
- The company says this is a solid result as significant weather events across NSW and Queensland in late H1 reduced customer activity and fleet utilisation
- The company expects its operating EBITDA for FY22 to be in the range of $250M to $260M and it expects to release its H1 FY22 results on February 16
- Shares in Emec o are up 4.1 percent on the market and are trading at 95.3 cents
