Emeco Holdings Ltd 2011 AR2
The report outlines Emeco's performance for the fiscal year 2011, highlighting the launch of its inaugural sustainability report. The company achieved a significant financial recovery, with operating net profit after tax increasing by 36.3% to $56.0 million and return on capital improving to 11.3%. Emeco also made progress in safety, reducing its Lost Time Injury Frequency Rate by approximately 30% to 2.4 per million man hours. Additionally, the company completed a major business restructure, releasing $56 million in capital by exiting non-core operations in the US, Europe, and Victoria, and reconfiguring its fleet toward large mining equipment.
Company: Emeco Holdings Ltd
Sector: Industrials
Country: Australia
Year: 2011
Type: AR2
Pages: 116
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Emeco Holdings Ltd
Annual Report
The report outlines Emeco's performance for the fiscal year 2011, highlighting the launch of its inaugural sustainability report. The company achieved a significant financial recovery, with operating net profit after tax increasing by 36.3% to $56.0 million and return on capital improving to 11.3%. Emeco also made progress in safety, reducing its Lost Time Injury Frequency Rate by approximately 30% to 2.4 per million man hours. Additionally, the company completed a major business restructure, releasing $56 million in capital by exiting non-core operations in the US, Europe, and Victoria, and reconfiguring its fleet toward large mining equipment.
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Document Details
Report Year
2011
Reporting Period
Jul 1, 2010 - Jun 30, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available