Matrix Composites & Engineering Ltd Provides Earnings Guidance for the Second Half of Fiscal Year 2017

Matrix Composites & Engineering Ltd specializes in the design, engineering, and manufacture of composite and advanced material technology solutions for the oil and gas, civil and infrastructure, resources, defense, and transportation industries. Its principal activities include the manufacture and supply of capital drilling equipment (primarily comprised of syntactic foam buoyancy) and provision of inspection, maintenance and repair services to the oil and gas sector; manufacture and supply of subsea umbilical risers and flowline (SURF) ancillary equipment and associated services; manufacture and supply of VIV suppression equipment for rigid pipelines; manufacture and supply of well construction products, including centralizers and conductors; distribution of epoxy based coating system and related equipment hire and technical support; and consultancy for, and manufacture of, advanced composite materials and products for the defense, energy, resource and transport sectors.