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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

Top 10 Shareholders

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

Total Shareholder Return as at 30/08/19

1 year TSR5 year TSR
93rdPacific Energy73%16%
267thSwick Mining Services11%-1%
329thValmec0%6%
411thPrimero Group-10%
804thVeris-74%-20%
736 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

13/06/19
$4k Bought
03/05/19
$70k Bought
16/04/19
$57k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

32nd-Primero Group$151.5m
33rd↑Swick Mining Services$144.4m
34th↑Veris$125.9m
35th↑Pacific Energy$123.3m
36th↑Valmec$110.4m
197 listed industrial companies ranked by revenue.
Source: Morningstar

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