Swick Mining Services Limited Reports Revenue Results for the First Quarter of Fiscal 2014; Provides Earnings Guidance for the Half-Year and Full Year of Fiscal 2014
For the first half of fiscal 2014, EBITDA margin is expected to be materially lower than the corresponding period last year, before recovering to between 18% and 20% for the full year.
For the fiscal year 2014, the company expected annual revenue to be in the vicinity of $125 million to $135 million.