Valmec Limited provided earnings guidance for the half year ending December 31, 2015. The company expects revenues of between $30 and $33 million with an Earnings before Interest, Tax and Depreciation and Amortisation (EBITDA) margin in the range of 6% to 8%. Additionally, the company expects to utilise the benefits of its unused tax losses in respect of its entire profit for the period.

Subject to no significant delays in project go-aheads, the company expects the second half of 2016 to deliver approximately 25% greater revenues than first half 2016 with an incremental increase to EBITDA as a result of increased scale and enhanced cost and productivity gains.