16 days until we hear full year 2011 earnings, page-7

Boart Longyear Limited (ASX: BLY), the world’s leading provider of mineral exploration products and
services, announces today its financial results for the full year ended 31 December 2011. The
Company also provides guidance for 2012 and reports that directors have determined a dividend of
5.6 US cents per share for the second half of 2011. This dividend payment is scheduled for 13 April
2012. The 2011 full-year revenue and profit are a record for the 120-year old company.
RESULTS SUMMARY
Full Year 2011 Results:
? Revenue of US$2.02 billion, up 37% over full year 2010
? EBITDA of US$356 million, up 60% over full year 2010
? NPAT of US$160 million, up 89% over full year 2010
? Earnings per share of 35.1 US cents, up 89% over full year 2010
? Return on equity (ROE) of 14%, up 75% from 8% ROE recorded in 2010
Full Year 2012 Outlook:
? Forecast revenue of US$2.3 billion, up 14% over full year 2011
? Forecast EBITDA of US$460 million, up 27% over full year 2011
Demand in 2011 remained strong, particularly in the emerging markets of Africa and Latin America.
Sales for drilling capital equipment doubled, indicating ongoing optimism for a robust drilling market.
Rig utilisation for Drilling Services averaged approximately 75% throughout 2011. Prices continue to
recover from 2009 lows, and both manufacturing and drilling productivity continue to increase, driven
by the Company’s capital investment in past years.

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This from a Co. that very nearly went down the tubes during the GFC.

Its a fantastic result!