Perenti records record revenue in FY20

September, 2020
Image Credit: Perenti Group

Perenti Group has reported strong fiscal and operational results in fiscal 2020, despite the impacts of COVID-19 on the industry. The group reports record revenue exceeding USD 2 billion, a first for the company, and record EBITDA.

Managing Director & CEO, Mark Norwell noted: ‘To report record revenue and earnings, end the year in a stronger financial position than 12 months ago, and maintain a substantial order book is impressive, but to do so in the midst of the operational and economic challenges presented by COVID-19 is exceptional’.

Perenti has achieved growth in both its underground and surface operations, with new highlight projects in Canada and Botswana.

‘The results and achievements reflect the dedication of our high calibre team and the strength of our operating discipline and I would like to thank our employees and their families for their support,’ Mr Norwell concluded.

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