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Sedgman writes down Intermet by $20m

The global economic slowdown has forced engineering company Sedgman to write-off $20 million of goodwill value from its Perth-based subsidiary Intermet Engineering, which it bought less than two years ago for $32 million.

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Revenue

59th-Sedgman$359.3m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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