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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 28/09/18

1 year TSR5 year TSR
245thVeris27%16%
289thValmec20%-7%
310thFinbar Group15%-2%
517thSwick Mining Services-15%-8%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

25/09/18
$60k Issued
25/09/18
$3k Issued
25/09/18
$28k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

34th↑Finbar Group$154.8m
35th↑Swick Mining Services$138.2m
36th↑Veris$106.8m
37th↑Valmec$106.1m
38th↓Quintis$97.4m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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