Report

R.E.A. Holdings (RE.L): 1H 2017: Bouncing Back

While the results reported for 1H 2017 are marked by the difficult operating conditions created by the post El-Nino weather conditions, and by the impact of the management upheaval created by the sudden departure of the company’s most senior operating officer in the region in Q1, the 2H of 2017 is expected to see the business not just ‘bouncing back’ from adversity, but moving decisively towards the completion of the project over the next few years. REA’s 1H 2017 report states “the problems of the difficult past two years…are now largely behind us”.
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Hardman & Co
Hardman & Co

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