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.

 


Disclaimer
The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK