tiprankstipranks
Trending News
More News >

Emeco Reaffirms FY25 Earnings Guidance Amid Resilient Performance

Story Highlights
Emeco Reaffirms FY25 Earnings Guidance Amid Resilient Performance

Confident Investing Starts Here:

Emeco Holdings Limited ( (AU:EHL) ) has issued an update.

Emeco Holdings Limited has reaffirmed its FY25 earnings guidance, projecting an Operating EBITDA target of $300 million. The company has effectively managed costs and leveraged its competitive advantage to mitigate weather-related impacts, maintaining a strong cash return for shareholders. With no growth capex for the year and a focus on equipment redeployment, Emeco is poised to achieve its earnings targets for FY25 and anticipates continued growth in FY26, supported by a lower cost base, reduced debt levels, and positive production activity in the mining sector.

The most recent analyst rating on (AU:EHL) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on Emeco Holdings Limited stock, see the AU:EHL Stock Forecast page.

More about Emeco Holdings Limited

Emeco Holdings Limited is an ASX-listed company that provides surface and underground mining equipment, maintenance, and project support solutions and services. The company offers reliable and maintained open cut and underground equipment rental solutions, along with onsite infrastructure. Emeco also provides repair and maintenance, component and machine rebuild services, and supplies operator, technical, and engineering solutions to the mining industry.

YTD Price Performance: -13.66%

Average Trading Volume: 518,894

Technical Sentiment Signal: Sell

Current Market Cap: A$406.2M

Find detailed analytics on EHL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1