MAH 0.00% 29.0¢ macmahon holdings limited

Annual Report - FY15

  1. 182 Posts.
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    Headlines for me:

    . $10M underlying profit (before one-off's);
    . onerous office lease still has 5 years to run - difficult to sub-lease in Perth market atm;
    . business is being 'right-sized' to be more competitive in the market-place;
    . revenue FY16 about 50% of revenue FY15;
    . $2B pipeline made up of about 10-12 tenders;
    . Tropicana performance improving; good relationship with client at leadership level.
 
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