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Veem specialises in marine propulsion and stabilisation systems. Photo: Attila Csaszar

Veem manager resigns amid court action

The recently recruited global sales manager of Perth engineering company VEEM has been forced to resign after his former employer took Supreme Court action, claiming he breached terms of his employment agreement.

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VEEM (VEE)

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
thZenith Energy0%0%
208thHomeloans47%-0%
559thMatrix Composites & Engineering-19%-16%
584thVEEM-24%0%
648thSeafarms Group-35%-10%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

54th↑VEEM$41.2m
58th↓Homeloans$36.4m
59th↑Seafarms Group$35.8m
61st↓Matrix Composites & Engineering$33.2m
62nd↑Zenith Energy$31.4m
236 listed industrial companies ranked by revenue.
Source: Morningstar

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