Currently viewing Global edition

'Headwinds' hit Perenti's FY22 outlook

Shares in Perenti Global plunged nearly 30% this week after the company announced “challenging headwinds” had impacted the company’s growth outlook.

'Headwinds' hit Perenti's FY22 outlook 'Headwinds' hit Perenti's FY22 outlook 'Headwinds' hit Perenti's FY22 outlook 'Headwinds' hit Perenti's FY22 outlook 'Headwinds' hit Perenti's FY22 outlook

Perenti managing director and CEO Mark Norwell

The contractor said the combined impacts of COVID-19, shortages in the Australian labour market and a stronger Australian dollar meant its earnings for the current half were expected to be weaker than