Emeco Holdings (ASX:EHL) has expressed a positive outlook for the Fiscal Year 2024.

The company’s board has sanctioned a Capital Management Package for 2H23, amounting to A$13.8 million, inclusive of an on-market buy-back program worth A$7 million.

The anticipated net sustaining capital expenditure for the forthcoming year is around A$160 million.

As it enters FY24, Emeco Holdings is carrying potent momentum.

However, PNP earnings for the first half of the year are predicted to be lower than 2H23.

Despite this, PNP’s full yearly earnings are expected to surpass the FY23 levels.

Emeco Holdings is a firm excelling in equipment solutions to the mining industry.