Cimic Group announces 2017 full year financial Results
- 2017 NPAT of $702m, up 21%, at top end of guidance
- Cash flows from operating activities1 of $1.5bn up 27%; EBITDA conversion rate 101%
- Robust financial position with net cash of $910m, up more than $500m
- Positive revenue2 trend, up 24% to $13.4bn
- WIH3 of $36bn; new work4 of $18.4bn; extensive pipeline
- 2018 NPAT guidance of $720m to $780m, up 3% to 11%