MHM Automation (NZX: MHM) has today provided a market update, confirming the completion of the 2022 financial year and the expectation of audited financial results in the week of 22 August.
The company expects revenue to come in around 10% ahead of guidance and EBITDA to be within the given range.
With over $53.6m of forward work contracted, revenue and EBITDA growth is expected to continue into the 2023 financial year.
Milmeq has recently secured a $14.7m plate freezer contract, and the S-Clave sterilisation container has been approved for registration on the ARTG.
The company is also assessing multiple acquisition opportunities.
A more detailed update will be provided when the 2022 audited financials are released.
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