From the West Australian, 17 April 2014
"Mr Tallon and executive chairman Jim Fitzgerald remade the former VDM Group subsidiary five years ago. They have built massive facilities on 120,000sqm in Henderson, plus a Darwin hub. The workforce will be 1700 by mid-year.
While the construction frenzy of North West LNG projects has been good to Civmec, 65 per cent of revenue comes from mining.
The Singapore-listed contractor's revenue and profit fell in the first half, but believes it should match the last full-year profit of $S36 million ($31 million)."
I think these guys get the point that to generate real long term SP growth you need contracts, sales, work in hand and generally speaking, REVENUE, from which you can then generate a PROFIT, if you get your margins right. Then COMMUNICATE that to the market.
The caps are for VDM management in case they are reading this.
From the West Australian, 17 April 2014"Mr Tallon and executive...
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