Ann: Management Presentation - Half Year Results 2015, page-2

So what to make of this...

I guess i was kind of hoping they would pull a rabbit out of the hat and surprise everyone.
But i guess the result was kind of expected... a significant amount of restructuring costs and key losses from the major clients are still being felt.

But i guess the big thing that impresses me is their operating cash flow.... about double what it was on the previous quarter.

Gives some confidence that they can manage their debt and might not need to do a capital raising.