RE: MNRG/Atlas8 Jan 2025 21:52
Ian Pearson, Chairman of EQTEC, commented:
"Not since I have been involved with EQTEC have we witnessed consistent, steady revenues from our high-value engineering services, equipment supply and plant support services; nor have we been able to achieve margins commensurate with our high-value, world-leading capabilities. The external market forces driving the global shift towards sustainable energy and the circular economy continue to present significant opportunities for EQTEC. The growing demand for solutions that address both waste management and clean energy generation is creating a unique space for us to apply our proprietary technology and engineering expertise. As we position ourselves to meet these demands, the Management Team has made important strides in rebasing the Company, including refining our business model to focus on high-margin, IP-rich services and strategic partnerships. These efforts, combined with the ongoing operational and organisational transition, leave us well-placed to take full advantage of the opportunities in front of us and drive long-term value creation."