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Matrix Composites & Engineering Ltd (MCE.AX)

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Latest Key Developments (Source: Significant Developments)

Matrix Composites & Engineering Co receives notification from a shipyard customer of a request for cancellation
Sunday, 19 Feb 2017 04:41pm EST 

Matrix Composites & Engineering Ltd : Company advised that it had received notification from a shipyard customer of a request for cancellation . Announces that it has now reached a favourable agreement with shipyard customer . Request for cancellation in respect of two contracted orders for riser buoyancy systems .Two contracted orders for Riser Buoyancy Systems, each valued at us$10.89 million.  Full Article

Matrix Composites & Engineering says co expects FY 2016 revenue of about $95 mln
Wednesday, 11 May 2016 03:43am EDT 

Matrix Composites & Engineering Ltd : expecting revenue of approximately $95 million for FY 2016 compared to previous guidance of approximately $100 million . expects to report underlying EBITDA (before non-recurring costs) of about $11.3 million for FY 2016 . "outlook remains positive over the medium to long term despite the short- term uncertainty" .  Full Article

Matrix Composites And Engineering awarded new order
Wednesday, 2 Mar 2016 09:13am EST 

Matrix Composites And Engineering:Matrix awarded new order.Says awarded a contract for approximately A$6 million.Says award to supply drilling riser buoyancy to a major oem manufacturer based in China.  Full Article

Matrix Composites And Engineering enters into LGS licensing agreement
Tuesday, 2 Feb 2016 08:26pm EST 

Matrix Composites And Engineering:Matrix Composites And Engineering enters into LGS licensing agreement.The agreement has an initial five-year term.  Full Article

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