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DRILLING

Imdex chalks up strong result, bullish on growth

DESPITE background macro volatility, Australian Securities Exchange-listed drilling services company Imdex says it remains on track for strong growth in the 2013 financial year as it has booked a 58% jump in full year profit after tax to $45.8 million.

James McGrath
Imdex chalks up strong result, bullish on growth

Releasing its financial year results to the market this morning, it said record rental levels for its Reflex instrumentation drove revenue up by 31% for the year to $269.6 million. Imdex's oil and gas...

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