Emeco Holdings Ltd (FRA:E3A)
€ 0.388 -0.01 (-2.51%) Market Cap: 227.64 Mil Enterprise Value: 405.80 Mil PE Ratio: 6.42 PB Ratio: 0.60 GF Score: 81/100

Full Year 2019 Emeco Holdings Ltd Earnings Call Transcript

Aug 21, 2019 / 01:00AM GMT
Release Date Price: €1.19 (-9.16%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Emeco Holdings Full Year 2019 Results Briefing. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker today, Managing Director and CEO, Ian Testrow. Thank you. Please go ahead.

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

Thank you, and thanks, everyone, for dialing in. First of all, today, I'd like to thank the Emeco employees. We really do have a fantastic team of dedicated employees that work particularly hard and work fantastically as a team and I'm really proud of them and I should be really proud of this result because it's an output of their hard work, dedication, commitment. So thanks very much to the team.

So just getting straight to results. We're happy with the results. It's a good, solid year. EBITDA up 40% to $214 million; EBIT, up 50% (sic) [51%] to $125 million; and operating NPAT, obviously, well up to $63 million. So we're really

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