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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

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
68thRBR Group45%7%
247thVDM Group0%-37%
361stRoto-Gro International-17%
483rdZipTel-33%-48%
716 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

173rd↓VDM Group$561k
177th-RBR Group$487k
178th↓JV Global$487k
180th↑Roto-Gro International$459k
181st↓ZipTel$456k
237 listed industrial companies ranked by revenue.
Source: Morningstar

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