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Perenti to review Africa business

Contract mining and drilling group Perenti Global has reported a slightly softer half-year profit with a strong period in Australia offset by an “unsatisfactory” performance in Africa.

Perenti to review Africa business Perenti to review Africa business Perenti to review Africa business Perenti to review Africa business Perenti to review Africa business

Perenti's AMS business (pictured here at Yatela in Mali) is under review

Group revenue rose 5.3% to A$1 billion.

Underlying EBITDA was up 10.6% to $222 million and underlying EBIT rose 7.7% to $111 million.

Underlying net profit after tax dropped 7% to $60.

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