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sector outlook according to nlx boss

  1. aramalap2

    3,810 Posts.
    just reading recent corporatefile doco on nlx re performance and in particular the HIRE SECTOR

    'here are some main points about arl/nlx':
    reduced plant hire head office and closed 5 branches

    invested nearly $10m in equipment to capitalize on bouyant market conditions for next 2 years

    demand exceeding supply so focus is replacing old equipment with new ones

    plant hire opportunities?????????

    further capital investment in plant hire going forward with bias to leasing(up to 50%)for longer term contracts


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