Emeco benefiting from coal demand for equipment rental

MINING equipment rental group Emeco has enjoyed strong demand in the eastern region, particularly in metallurgical coal, with utilisation and rates continuing to improve in a tight equipment market.

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Emeco benefiting from coal demand for equipment rental Emeco benefiting from coal demand for equipment rental Emeco benefiting from coal demand for equipment rental Emeco benefiting from coal demand for equipment rental Emeco benefiting from coal demand for equipment rental

Emeco says equipment rentals are increasing.

The company said in an investor presentation that this was contributing to its first half FY20 operating earnings guidance of $118 million to $120 million, which was up between 15% to 17% on 1H19.

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