Emeco Holdings Ltd (FRA:E3A)
€ 0.422 0 (0%) Market Cap: 246.04 Mil Enterprise Value: 423.70 Mil PE Ratio: 6.95 PB Ratio: 0.66 GF Score: 82/100
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Full Year 2023 Emeco Holdings Ltd Earnings Call Transcript

Aug 23, 2023 / 01:00AM GMT
Release Date Price: €0.342 (+2.40%)
Operator

Good day. My name is Krista, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Emeco Holdings Limited Fiscal Year 2023 Results Briefing. (Operator Instructions).

I will now turn the conference over to Ian Testrow, Managing Director and CEO. You may begin your conference.

Ian M. Testrow
Emeco Holdings Limited - MD, CEO & Executive Director

Good morning, and welcome to Emeco's results for the 2023 financial year. With me this morning is Theresa Mlikota, our CFO, who commenced a new role in May and has hit the ground running. Getting straight into -- onto Slide #3. FY '23 really was a year of 2 halves, where we delivered very strong second half performance, as what was, as you're all aware, a difficult and disappointing first half.

Off the back of exceptionally strong demand for our equipment and service, particularly in Rental and Force, we delivered record revenue of $875 million, which was up 16% on FY '22. Operating EBITDA of $250 million is in line with our guidance. Our second half

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