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Aaron Begley says the new work reflects the trend of increasing project activity in the oil and gas market.

Matrix flags turnaround

Shareholders have welcomed Matrix Composites & Engineering’s market update, as the company said it expects the half-year to June 30 to be its best six months since 2016.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 28/06/19

1 year TSR5 year TSR
297thThreat Protect Australia0%7%
348thMCS Services-7%-44%
396thResource Development Group-14%-9%
561stMatrix Composites & Engineering-40%-22%
642ndThe Agency Group Australia-52%-33%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

09/01/19
$3k Bought
08/01/19
$46 Bought
07/01/19
$10k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

62nd↓Matrix Composites & Engineering$20.5m
65th↑MCS Services$19.1m
66th↑The Agency Group Australia$16.8m
68th↑Resource Development Group$16.0m
70th↑Threat Protect Australia$15.6m
198 listed industrial companies ranked by revenue.
Source: Morningstar

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