Babylon Pump & Power Ltd
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Babylon Pump & Power expands water management capabilities with Matrix Hydro acquisition
Resources industry services specialist Babylon Pump & Power (ASX: BPP) is enhancing its capability in delivering turnkey water management solutions with a proposed acquisition of Matrix Hydro Services. Under the binding agreement to acquire 100% of Matrix, Babylon will outlay a total consideration of $2 million in cash and $500,000 in fully paid ordinary Babylon […]
Babylon Pump & Power reports increased business activity following acquisitions
Specialist resources services provider Babylon Pump & Power (ASX: BPP) has reported a 55% improvement in operating cashflows for the six months to December 2022, fuelled by the transition to a positive earnings before interest, taxation, depreciation and amortisation (EBITDA) for the last three months of the period. The company made sound progress advancing its […]