ASB has reviewed its US Towing, Salvage and Rescue Ship (T-ATS) program, downgrading EBIT earnings guidance by ~A$42M (from ~A$100M to ~A$58M) as a result. While we believe ASB is well placed to win work, particularly given its new steel capability, we see heightened risk to margin as the Company transitions from mature programs toRead more
Argonaut | The Natural Choice in Resources.
© 2024 Argonaut.