METS

Boart revenues continue to tumble

SHARES in mining services provider Boart Longyear were trading 15% lower today after the company marked a 47% year-on-year reduction in revenue for the March quarter.

Justin Niessner
Boart revenues continue to tumble

Utilisation rates were reported as maintaining low levels during the quarter, resulting in revenue of $US197.4 million ($A211.3 million), compared to $370.2 million at the same time last year. Earnings...

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