An extract from yesterdays FY 18 announcement
The FAA ATOP contract continues to be a significant contributor to the Services Segment. Revenues from the ATOP program showed an 11% increase over the previous period. The process to fully resource the expanded contract demands was completed late in FY2018 and further growth is expected in FY2019 and future years. ADA ASX Release Page | 4 The Company anticipates a consistent contribution from the Services Segment in FY2019, with further delays in a contribution from the FAA support contract mitigated by growth in the ATOP program and the commencement of services and support from systems installations completed in prior periods.
END
What i take out of it is that the financial loss from the FAA contract will be mitigated by growth in the ATOP from the recent installation.
PBT : was better than last year
DIV : is high and serves as a nice addition to Shareholders pockets.
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