Emeco's coal rental business sees better times in fourth quarter

EMECO’S Eastern Region coal rental has stabilised, however, its 2H21 earnings will be marginally down on 1H21, with a positive trajectory as projects start in 4Q21.

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Emeco's coal rental business sees better times in fourth quarter Emeco's coal rental business sees better times in fourth quarter Emeco's coal rental business sees better times in fourth quarter Emeco's coal rental business sees better times in fourth quarter Emeco's coal rental business sees better times in fourth quarter

Eastern Region conditions have stabilised with momentum building from 4Q21

The company's Eastern Region rental business reported operating earnings before interest, tax, depreciation and amortisation of $79.9 million for H1 2021 compared to $106.9 million in H1 2020.