The Group is an ASX listed diversified global mining services group headquartered in Australia.
From our meagre beginning as a one-drill operation in Kalgoorlie, the Group has become one of the largest diversified global mining services companies.
The Group has built a portfolio of companies designed to provide a complete mining value chain throughout Australia, Africa and around the world.
Diversified mining services company Perenti Global Limited (Perenti) (ASX: PRN) has delivered a strong result, outperforming earnings guidance for the third consecutive year whilst successfully completing the acquisition of underground mining contractor Barminco that has transformed the business.
Perenti Managing Director and CEO Mark Norwell said the FY19
results demonstrated the scale of the Group’s transformation during the year.
“This strong result demonstrates our ability to continue to
deliver for our clients in the year whilst ensuring we successfully integrated
the Barminco business,” Mr Norwell said.
“We have evolved from an Australian drilling business into a
global mining services company, with a workforce of more than 8,000 people
working at more than 50 projects across four continents.
“We have used this transformational year to build on our
proud heritage by establishing a new operating model and implementing the 2025
Group strategy, with our aspiration to become the indispensable mining services
“Our recent group rebrand to Perenti gives us a strong and identifiable brand in the market and a platform to grow our business in the future while the evolution of our tagline to Expect More supports our aspiration and purpose, underlining our commitment to deliver for all our stakeholders.
“With a strong balance sheet and an order book that has
grown to $7.0 billion after securing $3.4 billion in new and extended contracts
since 1 July 2018, Perenti is well positioned for growth in FY20.”
To view the full ASX release and Annual Report visit our Investor Centre.