Emeco Holdings Limited announced consolidated earnings results for the first half year ended December 31, 2017. For the period, the company reported operating revenue from continuing operations of AUD 171.1 million as compared to AUD 73.6 million for the same period last year. Group operating revenue was up AUD 97.5 million compared to PCP driven by improved operating performance and the six-month contribution from the acquisition of Andy's Earthmoving Equipment (Asia Pacific) Pty Ltd. (Andy's) and Orionstone Holdings Limited (Orionstone) on March 31, 2017 in addition to the Force Equipment Pty Ltd. (Force) acquisition on November 30, 2017. Operating EBITDA was AUD 67.0 million as compared to AUD 27.9 million for the same period last year. Operating EBIT was AUD 37.5 million as compared to AUD 3.5 million for the same period last year. Operating free cash flow was AUD 90.0 million, up from AUD 16.0 million in the first half of fiscal 2017 driven by a significant increase in operating EBITDA and the normalisation of Emeco's working capital balance post-June 30, 2017. The company announced the net debt reduced by AUD 50.0 million over first half of 2018 to AUD 407.1 million. Operating NPAT was AUD 14.4 million compared to LPAT of AUD 28.8 million a year ago. Loss before tax expense was AUD 304,000 against AUD 32,085,000 for the same period last year. Loss from continuing operations was AUD 304,000 against AUD 32,085,000 for the same period last year. Loss attributable to owners of the company was AUD 293,000 against AUD 31,346,000 for the same period last year. Basic and diluted loss per share was 0.01 cents against 5.23 cents for the same period last year. Loss per basic and diluted share from continuing operations was 0.01 cents against 5.23 cents for the same period last year. Net cash from operating activities was AUD 60,910,000 against AUD 17,662,000 for the same period last year. Payment for property, plant and equipment was AUD 38,281,000 against AUD 30,352,000 for the same period last year.