Q3 results

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  • #5783
    Nick Hargrave


    A soldi set of results with record Q3 revenues although OEM equipment provision delays and continuing supply chain issues have impacted costs. Capacity constraints in their service department and continuing backlogs for new equipment from OEM speak to the ongoing demand that the company is struggling to keep up with but it is pleasing to read commentary that they prioritise customer support over new revenue generation. The company has maintained its outlook for the FY and has continued to successfully execute its acquisition strategy leaving us comfortable over the long term fundamentals for the business.

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