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Matrix chief executive Aaron Begley.

Matrix cuts workforce

Perth-based Matrix Composites & Engineering has flagged a number of redundancies and a $2.6 million impairment as it battles falling demand for its services in the tough economic climate.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
thZenith Energy0%0%
225thMatrix Composites & Engineering46%-17%
387thFFI Holdings10%6%
636thSeafarms Group-30%-9%
783rd8I Holdings-63%0%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

12/12/17
$0 Issued
12/12/17
$0 Other
27/11/17
$36k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

59th↑Seafarms Group$35.8m
60th-FFI Holdings$34.3m
61st↓Matrix Composites & Engineering$33.2m
62nd↑Zenith Energy$31.4m
63rd-8I Holdings$28.5m
234 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Matrix Composites & Engineering

205thAaron Begley$557k
725thPeter Hood$122k
1159thCraig Duncan$73k
Ranked by total remuneration from all listed WA companies

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