Tasmea Ltd. (AU:TEA) has released an update.
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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