Canada downturn hits Emeco

EMECO has lowered its earnings guidance on the back of worsening conditions in Canada’s oil sands industry.

Canada downturn hits Emeco Canada downturn hits Emeco Canada downturn hits Emeco Canada downturn hits Emeco Canada downturn hits Emeco

In an update yesterday the company said the low oil price had significantly reduced winter work programs in the region, putting pressure on its bottom line.

topics

loader