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The performance of Otoc's surveying, town planning and urban design division helped mitigate the impact of the resources sector downturn.

Otoc up on higher earnings

Perth-based contractor OTOC expects to post a profitable half-year after diversifying its business to mitigate the impact of the resources sector downturn.

Otoc said it expected to report earnings before interest, tax, depreciation and amortisation of $8 million for the six months to December, up significantly from its $900,000 result in the previous corresponding period, and nearly double what it reported for the full 2015 financial year.

The company holds $10 million in cash and $3.5 million in debt as at December 31.

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Veris (VRS)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/07/17

1 year TSR5 year TSR
298thFinbar Group9%2%
382ndMatrix Composites & Engineering-4%-25%
672ndVeris-51%10%
700thKresta Holdings-57%-6%
710 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

08/05/17
$6k Bought
03/04/17
$92k Bought
28/09/16
$1.5m Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

40th↑Veris$120.9m
41st↑Finbar Group$108.4m
42nd↓Matrix Composites & Engineering$96.0m
45th↓Diploma Group$90.5m
46th↓Kresta Holdings$87.8m
230 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Veris

158thBrian Mangano$648k
655thLisa Wynne$228k
976thAdam Lamond$127k
Ranked by total remuneration from all listed WA companies

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