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FLEETS

Perenti sees better margins ahead

PERENTI is on track to lift its earnings margins to 10% by 2025 from its existing 7.7% after a strong turnaround at is underground and surface mining operations in the second half of the 2021-22 financial year, CEO Mark Norwell told an analysts’ conference.

Lou Caruana
Perenti posted record underlying annual revenue.

Perenti posted record underlying annual revenue.

The company posted record underlying annual revenue in-line with its expectations at $2.4 billion for FY2022 and underlying earnings before interest, tax, depreciation and amortisation of $426.4 million....

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