Westrac EBIT since Ryan taking control in 2015, it more than double its earning under 10 years so I wouldn't worry too much about it
plus Westrac service more than just mining, it nation building and infrastructure as well and the 2020-2021 lock down hasn't help.
also mining boom years may not be a boom years for Westrac as mining companies could forward purchase equipment in anticipation for increase in volume output, I don't know for sure but look like 2018-2020 they spent some serious money in anticipation for the boom
2015: 163
2016: 165
2017: 164
2018: 202
2019: 285
2020: 371
2021: 400
Westrac EBIT since Ryan taking control in 2015, it more than...
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