Earthmoving company Emeco has reported strong demand for its services in the first quarter of the 2011 financial year with almost 90 per cent of its equipment in use.
IT might be every little boy's dream to run a company that owns trucks and diggers, but yellow goods group Emeco Holdings' new CEO Keith Gordon gives little indication of living out a childhood fantasy.
West Perth-based Emeco Holdings has lowered its full-year profit guidance after it announced today it will exit its European operations and consolidate its North American business following a strategic review.
Heavy equipment sales and rental company Emeco expects its 2010/11 earnings to be at the lower end of its earnings guidance of between $46 million and $53 million on the back of a stronger Australian dollar.
Emeco Holdings chief executive Laurie Freedman has decided to step down, a month after the company revised down its earnings guidance for the second time this calendar year.
Mining services company Emeco Holdings has revised down its full year earnings forecast as it books a 30 per cent lift in half year net profit after tax of $39 million.
Former chief executive officer of Alinta Infrastructure Holdings, John Cahill, has been appointed as an independent non-executive director of mining services company Emeco Holdings Ltd.
Earthmoving and mining equipment supplier, Emeco Holdings Ltd, has reported a net profit after tax of $30.5 million for the six months to December 2007, down 12.4 per cent on the corresponding period last year.
The flood of initial public offers on the Australian bourse of recent times may be reduced to a trickle in the first half of 2008, as investors and company vendors seek clarity on the direction of equities markets, interest rates and the US economy.
Earthmoving and mining equipment supplier Emeco Holdings Ltd, which has been battered by investors after completing one of Western Australia's biggest sharemarket floats, has delivered a strong rise in net profit to beat its prospectus forecasts.
After selling 80,000 shares in earthmoving equipment supplier Emeco Holdings Ltd during yesterday's market turmoil in order to meet margin calls, company director Stuart Fitton has resigned from the board.
West Perth-based earthmoving equipment supplier Emeco Holdings Ltd has been selected to replace clothing chain Colorado Group Ltd on the Standard & Poor's ASX 200 index.
PRIVATE equity investors Archer Capital and Pacific Equity Partners are aiming to double their money after West Perth-based earthmoving equipment supplier, Emeco Holdings Ltd, launched its initial pub
Since its establishment in 1972 by current property developer John Court, earthmoving equipment supplier Emeco Ltd has quietly grown to become one of the largest industrial businesses based in Western Australia.
Private equity investors Archer Capital and Pacific Equity Partners are aiming to double their money after West Perth-based earthmoving equipment supplier Emeco Holdings Ltd launched its Initial Public Offering to raise $1.1 billion.
West Perth-based Emeco Ltd's subsidiary Emeco International Pty Ltd has executed a formal sales agreement to acquire earthmoving business and assets of NSW-based independent earthmoving equipment rental and sales business Bevans for $9.7 million.
West Perth-based Emeco Ltd has advised it will proceed with an initial public offering in the second half of 2006 with Credit Suisse, Citigroup and UBS appointed as joint lead managers of the IPO.
Western Australian earth moving company Emeco today announced it is pursuing advice and assistance on capital raising options, including the possibility of an initial public offering.
Private equity investors participated in some of the largest and most notable transactions in Western Australia in 2005, including the rescue of biotech company Chemeq and the acquisition of EG Green Group.
Earthmoving equipment supplier Emeco Ltd's wholly-owned subsidiary Emeco International Pty Ltd will acquire Andy's Earthmoving, a large independent equipment rental and sales business in Victoria.
EMECO Holdings Pty Ltd, the parent company of Emeco Ltd, has completed a $50 million capital raising from the company's principal shareholders, which comprise private equity funds advised by Archer Ca
A big interest bill and one-off amortisation charges have seen heavy equipment hire company Emeco Group report a net loss of $2.1 million for the half-year to June.
Perth-based heavy equipment supplier Emeco International has finalised a $170 million banking package as speculation mounts that its majority US shareholder is looking to sell its stake.
Heavy equipment supplier Emeco International, one of Western Australia's largest unlisted companies, is assessing capital-raising options to support planned expansion.
