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BRIEF-Mma Offshore says anticipates second half of 2017 financial year to be stronger than first half

Published 17/10/2016, 10:20 am
© Reuters.  BRIEF-Mma Offshore says anticipates second half of 2017 financial year to be stronger than first half
MRM
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Oct 17 (Reuters) - Mma Offshore Ltd MRM.AX :

* Asx alert-trading update-MRM.AX

* MMA expects that full year operating ebitda will now be in order of approximately $20- 25 million

* MMA offshore - anticipates second half of 2017 financial year to be stronger than first half as new vessels start working and contributing to earnings

* "West african market is extremely challenging at present"

* Supply base and slipway earnings are running broadly in line with expectations

* "MMA has taken decision to move some vessels out of west african region to Middle East and South East Asia" Source text for Eikon: ID:nASX8Cj8V Further company coverage: MRM.AX

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