Mercer Confident of Continued Momentum of 1H

  • May 21, 2020 NZST
  • Team Kalkine
Mercer Confident of Continued Momentum of 1H

Mercer Group Limited (NZX:MGL) has provided the following updates:

  • In the past month, the company has secured over $10 million of new orders across H&C Automated Solutions, Milmeq and Mercer Stainless;
  • All of the company’s sites are back operating under level 2

The company is therefore confident that it will witness a continuation of the momentum of the first half, and shall report increased EBITDA and Net Profit at the company’s level.

At NZST 01:12PM, the stock was trading at $0.260 per share, up by 6.12% from its previous close.


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