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Adam Lamond says the acquisition is an important step in the progression of Veris's national surveying strategy.

Veris buys east coast surveying business

Diversified company Veris has further expanded its national surveying division through the acquisition of Canberra-based LANDdata Surveys for up to $4.8 million in cash.

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Veris (VRS)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
262ndJoyce Corporation1%36%
377thSwick Mining Services-11%-5%
550thVeris-37%3%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

22/11/18
$360k Bought
21/11/18
$90k Bought
09/11/18
$62k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

35th↑Swick Mining Services$138.2m
36th↑Veris$106.8m
38th↓Quintis$97.4m
39th↑Joyce Corporation$97.3m
238 listed industrial companies ranked by revenue.
Source: Morningstar

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