METS

A good year for Boart Longyear

BOART Longyear has reported a boost in profit guidance with full-year 2010 revenue expected to hit $US1.45 billion ($A1.46 billion), compared to its August guidance of $1.37 billion, with the drilling giant anticipating December drilling activity to remain more robust than the past two years.

MiningNews.Net
A good year for Boart Longyear

Full-year earnings before interest, tax, depreciation and amortisation (EBITDA) is expected to come in at around $220 million, up 7% on the August guidance of $205 million. In today’s statement, Boart...

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