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QRC welcomes new Resources Taskforce

Queensland Resources Council (QRC) has welcomed the new taskforce announced by the Minister for Resources and Northern Australia Senator Matt Canavan tasked with ensuring Australia’s resources sector remains internationally competitive.

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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%
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