I am eagerly awaiting their half year report and hoping to see evidence of margin improvement. From the announcement it seems they are winning a lot of work around the world but no signs yet that this will flow to improve the bottom line. Management comments appear to point towards higher margin from new markets but we need to actually see it appear on the profit line for me to believe it happen. This is a big ship to turn, but if it does turn towards better markets and start to deliver it should do so for a long time to come.
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