Mercer upbeat on new orders

Thu, 21 May 2020

Mercer Group secured more than $10 million of new orders during the past month said it will report increased operating earnings and net profit for the June year.The increase was driven by the automation arm of the business, with the Milmeq refrigeration unit having a good year with a full order book, it said. In March, the stainless steel and automation systems manufacturer cast doubt over its earlier upbeat earnings guidance as the country headed into lockdown. During level 4 Mercer maintained only limited operations to support essential...

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