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Imdex buys Swedish survey supplier

PERTH-based drilling supply company Imdex has bought Swedish-based borehole survey equipment outf...

Michael Quinn

According to Imdex, Reflex's projected earnings before interest and taxes in 2006 are around $5 million on revenue of some $15 million. Imdex's revenue for 2005-06 is put at $55 million with an EBIT margin...

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