MANAGEMENT

Revenue down as finance crunch brakes Boart Longyear

Net profit up 271% though

Trutools sales helped boost Boart Longyear's Veracio revenue.

Trutools sales helped boost Boart Longyear's Veracio revenue.

However, earnings before interest, tax, depreciation and amortisation were up 38.2% year-on-year to $23.9 million. The company posted a net profit of $1.2 million for the quarter up a modest 271.4%...

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