Tasmea Ltd. (AU:TEA) has released an update.
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Tasmea Ltd. is on track to meet its FY24 financial projections, with expected growth following strategic acquisitions, including the recent purchase of West Coast Lining Systems (WCLS) for A$11.45m. This acquisition aims to bolster Tasmea’s specialist trade services in the mining and resources sector of Western Australia, promising to be earnings accretive with WCLS’s maintainable EBIT of A$3.1m. Tasmea is set to announce its full audited FY24 results on 26 August 2024.
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