They did mention though that some of their higher margin work...

They did mention though that some of their higher margin work wasn't included in FH results due to it not being completed on time and that margins where cut during the GFC. That they have also had problems with their plumbing divisions which has been addressed.

Futrther to this as I stated before one of their major competitors, Fridgerite asx (FRR) just went in liquation. Within the supermarket division there where only 3 major players, Fridgerite, McAlpine Hussman and Austral/Hastie. Loosing that third tier will drive margins up.