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Matrix chairman Peter Hood.

Matrix to pocket $14m from previously-binned contract

Perth-based manufacturer Matrix Composites & Engineering says it will be paid the full $US10.9 million ($A14.2 million) owed under a previously cancelled contract with an unnamed shipyard customer, but work under a second contract will not proceed.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/03/18

1 year TSR5 year TSR
173rdSmart Parking60%12%
494thAdmedus-7%3%
559thMatrix Composites & Engineering-19%-16%
711thAlexium International Group-47%32%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

09/03/18
$19k Bought
09/03/18
$19k Bought
12/12/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

61st↓Matrix Composites & Engineering$33.2m
65th↑Admedus$11.7m
66th-Ding Sheng Xin Finance Co$25.5m
68th↓Smart Parking$24.7m
69th↑Alexium International Group$24.0m
236 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Matrix Composites & Engineering

197thAaron Begley$557k
690thPeter Hood$122k
1113thCraig Duncan$73k
Ranked by total remuneration from all listed WA companies

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