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Perenti (PRN) – Investment Case Intact

    Home Latest Research Perenti (PRN) – Investment Case Intact
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    Perenti (PRN) – Investment Case Intact

    By Wendy McEvoy | Latest Research | 0 comment | 27 August, 2020 | 0

    PRN delivered $110m NPAT(A), in line with recent guidance, although strong cash generation surprised positively.  We explain in this note why we continue to like the business and see value.  Mining exposure and medium-term implications from successful strategy implementation form part of our investment case.  BUY maintained.

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