FLEETS

Boart in the red yet again

IT MAY have made “year on year growth in six consecutive quarters”, however, drilling services, equipment and tooling supplier Boart Longyear still made a statutory loss for the half year ended June 30.

While it has made a loss, Boart Longyear is continuing to push its technology.

While it has made a loss, Boart Longyear is continuing to push its technology.

Revenues for the first half were up 11% to US$394 (A$541) million compared to the corresponding period in 2017 thanks to higher volume in both its Drilling Services and Products divisions. Nevertheless...

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