Ann: Seymour Whyte Continues to Strengthen , page-2

This is a more than a solid report coupled with a superb forward forcast. Expect earnings upgrade suprises during the 2nd Half of 2014, with the implementation of the recently acquired Rob Carr and projects already under tender.

Revenue forcast $320 million a highlight for me. A huge jump from previous years as shown below.

06/10 06/11 06/12 06/13 06/14

Revenues ($million) 184.6 194.6 275.4 273.1 320

Being greedy the dividend could have been a little higher.

'Fy14 ouTlook
Financial summary
„
FY14 forecast consolidated revenue of $320 million (full year)
„
FY14 forecast NPAT in range of $10 million to $11 million
„
Cash forecast post transaction of $35 million
„
FY15 forecast growth in transport and utilities infrastructure businesses'