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Originally posted by mmv621
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I saw a comment from a member about RCR being a mining/resource based contractor. That prompted my first response. First they are not a contractor - they are a consultant who make money by providing a consultancy service to the industry. Secondly, they are no longer a pure resource/mining based consultancy business. In 2014, their sales increased by 49% (during the mining downturn) to $1.3 Billion - Their annual report claim "Revenue increased by 49% to $1.3B, with more than two thirds generated from our Infrastructure and Energy businesses.". This highlights the shift in RCR's strategy to utilise their human resources to diversify into other areas. There is another consulting business (MND) doing the same. They are diversifying...a right move but a real headache for others (like us) already in the market. They have expanded their operations outside Australia into NZ and Asia and may have plans to grow even beyond that. They have been around for longer than 100 years but appears to have taken a safer (low risk) growth path than others.
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Don't apologise for the long post. An excellent summary that certainly adds value to RCR discussions. Thanks for sharing such valuable information.
