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VDM cuts 40 jobs, warns more coming

Struggling contractor VDM Group has cut 40 jobs and has warned staff to expect more redundancies, as its restructuring efforts shift into top gear.

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VDM Group (VMG)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 30/09/19

1 year TSR5 year TSR
127thEmerge Gaming60%-35%
355thVDM Group0%-32%
501stWide Open Agriculture-20%
847thNeurotech International-88%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/03/15
$172k Bought
04/12/14
$30k Bought
03/02/14
$4.0m Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

161st↓VDM Group$246k
162nd↑Neurotech International$246k
164th↑Emerge Gaming$243k
165th↑Wide Open Agriculture$240k
197 listed industrial companies ranked by revenue.
Source: Morningstar

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