ann: delivers record 41.3m profit up 122pcent

KEY POINTS from the ANN:

Record adjusted net profit after tax of $41.3 million, up 122%
• Record EBITDA of $77.6 million, up 367%
• Record full year revenue of 192.0 million, up 192%
• Dividend declared of 1.0 cent per share
• Forward Order Book representing 75% of forecast revenue

and FY2009 is already looking great:

Outlook

The outlook for Industrea is extremely strong with the current Order Book including existing long term integrated mining services contracts equating to 75 per cent of forecast revenue for FY09.

Directors remain confident that, assuming no material negative changes in current trading patterns or economic conditions, Industrea will post another record years profit for the Year End June 2009 with forecast revenues of between $330-$350m and NPAT (pre amortisation and purchase accounting adjustments) being in the range of $55-$60m.

This forecast is based on current demand conditions, the current forward sales pipeline and the recurring revenue from the sale of spare parts and associated service and
support revenues being derived from the global population of mining equipment sold by Industrea.