Coates profits hold up in first half-year

Murray Pollok Managing Editor, IRN & Director of Content, KHL

19 February 2021

Coates Hire reported a 1% increase in EBIT profits to A$105.3 million for the six months to 31 December 2020 on revenues that were 7% lower.

Owner Seven Group Holdings also committed its Coates and WesTrac businesses to achieving net zero emissions by 2040.

Seven Group reported that Coates experienced…

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