MARKETS

Hartleys optimistic on Matrix

HARTLEYS sees green shoots for Matrix Composites and Engineering after it reported a 2018 financial year first half EBITDA loss of $2.6 million versus $3.4 for the second half of last year, and an NPAT  loss of $6.6 versus $7.1.

Analysts retain neutral rating on Matrix but see 30% of revenue via new avenues 

Analysts retain neutral rating on Matrix but see 30% of revenue via new avenues 

Increased revenue was mostly driven by products used in production, maintenance, and rectification projects, a sign of the company's successful diversification from riser buoyancy.    The company's...

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