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Business Description: Decmil Group Limited (DCG) is engaged in multi-disciplined design, civil engineering and construction company for the oil and gas, resources and infrastructure sectors. Its principal activities are as follows: civil works; industrial and non-process infrastructure; accomodation and government infrastructure.
Strategy Analysis: DCG sold its non-core businesses (Novocoat/Matrix Engineers/Eastman Fort) in 2010 in order to refocus on its revenue-generating businesses, retaining Decmil Australia as the core asset. DCG is targeting sustainable growth through a continued focus on client relationships. Arguably the most important strategy would be to ensure retention of current big-ticket clients such as BHP Billiton, Chevron, Woodside and Rio Tinto. Labour market conditions are a key risk to the company
Decmil Group reported NPAT of $44.11m for the half-year ended 31 December 2012. Revenues from ordinary activities were $332.94m, up 58% from the same period last year. Diluted EPS was 26.30 cents compared to 10.02 cents last year. Net operating cash flow was $37.07m compared to $29.59m last year. The interim dividend declared was 4.0 cents compared with 2.5 cents last year.
The Age 23/05/2013 |
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The Age 23/05/2013 |
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The Age 23/05/2013 |
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The Age 23/05/2013 |
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The Age 23/05/2013 |
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