Emeco Holdings Limited announced preliminary unaudited earnings results for the fourth quarter and financial year 2018. For the quarter, the company reported increased operating EBITDA margins to 41.4% up 90bps on third quarter 2018 generating operating EBITDA of AUD 45.0 million up 10% on third quarter of 2018. This was largely due to the ramp up of new projects increasing operating utilization to 62% at the end of the fourth quarter. For the year, the company increased operating EBITDA to AUD 153.0 million up 83% on financial year 2017. Operating EBIT also increased significantly to AUD 83.2 million up 593% on financial year 2017.