You could also read some of their annual report as follows...
*************** The 2008 financial year also saw Industrea secure a series of significant new clients and contracts, including several new overseas markets. Industrea now provides products and services to customers operating in a wide spread of geographies, including Australia, China, Russia, South Africa, South America, Papua New Guinea and South East Asia.
The Industrea Group has entered the 2009 financial year in the strongest position in its history. We have a record level of work in hand and a dedicated team of nearly 400 full-time staff and sub‑contractors.
The company is well positioned both operationally and financially with a strong balance sheet and your Directors are very positive about the strong organic growth that is occurring, whilst we pursue a range of non-competitive acquisition opportunities that continue to present themselves.
The current order book, including existing long term integrated mining services contracts, represents approximately 75% of forecast revenue for FY09 and we are well placed to benefit from the continued trend towards outsourcing.
IDL Price at posting:
73.5¢ Sentiment: Buy Disclosure: Held