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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 31/08/18

1 year TSR5 year TSR
247thVeris29%20%
443rdJoyce Corporation-2%41%
608thSwick Mining Services-29%-4%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

07/09/18
$185k Bought
15/09/17
$3k Issued
15/09/17
$27k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

36th↑Swick Mining Services$138.2m
37th↑Veris$106.8m
39th↓Quintis$97.4m
40th↑Joyce Corporation$97.3m
237 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Veris

121stBrian Mangano$648k
522ndLisa Wynne$228k
790thAdam Lamond$127k
Ranked by total remuneration from all listed WA companies

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