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Matrix chief executive Aaron Begley says the sale of the property provides the company with funds to pay off debt.

Matrix sells Malaga property

Matrix Composites & Engineering has sold its engineering workshop in Malaga for $3.25 million, with the proceeds to be used to further reduce the company's debt.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/19

1 year TSR5 year TSR
318thOzgrowth-10%2%
493rdTempo Australia-37%25%
599thMatrix Composites & Engineering-49%-19%
629thAlexium International Group-53%-5%
669thThe Agency Group Australia-58%-30%
726 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

68th↓Matrix Composites & Engineering$20.5m
70th↑Alexium International Group$19.9m
71st↓Tempo Australia$19.2m
73rd↑The Agency Group Australia$16.8m
75th↑Ozgrowth$16.0m
228 listed industrial companies ranked by revenue.
Source: Morningstar

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