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Adam Lamond says the Veris board made the decision to sell Elton Consulting after a strategic review of the company’s businesses.

Veris sells Elton business for $13m

Perth-based Veris has sold its advisory service arm Elton Consulting to global engineering group WSP for $13 million, in a bid to retire debt and strengthen the company's cash position.

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Veris (VRS)

Share Price

Closing price for the last 90 trading days
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Top 10 Shareholders

Substantial shareholders as published in the annual report.
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Total Shareholder Return as at 29/11/19

1 year TSR5 year TSR
81stPacific Energy93%22%
211thValmec28%12%
434thPrimero Group-8%
511thSwick Mining Services-19%-4%
649thVeris-40%-19%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
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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
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Revenue

31st-Primero Group$151.5m
32nd↑Swick Mining Services$144.4m
33rd↑Veris$125.9m
34th↑Pacific Energy$123.3m
35th↑Valmec$110.4m
197 listed industrial companies ranked by revenue.
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