EOH back in the black as it exits 'badly negotiated' contracts

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
0:00
play article
Subscribers can listen to this article
EOH eyes growth opportunities after completing its turnaround strategy.
EOH eyes growth opportunities after completing its turnaround strategy.
File picture

EOH is "back in the black", the company's CEO Stephen van Coller stressed on Monday as he tabled the company’s interim financial results, which marked more progress in its turnaround journey.

The company cut its debt by selling off several non-core assets, and exited what it calls "badly negotiated" contracts that were not in the best interest of the company.

Read this for free
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Subscribe
Already a subscriber? Sign in
Rand - Dollar
16.09
-1.4%
Rand - Pound
19.60
-0.7%
Rand - Euro
16.93
-0.9%
Rand - Aus dollar
11.12
-1.3%
Rand - Yen
0.12
-0.9%
Gold
1,819.88
-0.2%
Silver
20.81
-1.7%
Palladium
1,874.89
+0.1%
Platinum
913.50
+0.2%
Brent Crude
115.09
+1.7%
Top 40
61,789
+0.4%
All Share
68,058
+0.3%
Resource 10
66,069
+0.9%
Industrial 25
80,452
+0.3%
Financial 15
15,394
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot