Investor Presentaiton
FY14 Financial Results - Segment Review
Americas:
Revenue up $0.8m (+1%); EBITDA down $7.5m (-52%) versus pcp
North America:
Revenue was on par with the pcp for Westech in a market with weak growth prospects
Due to the weakening market margins were squeezed, but still a reasonably good result
South America:
•
Small revenue growth, including Servigrut, but at vastly reduced margins overall
Servigrut performed very well over the period and without its contribution the Segment revenue
would have been down around 10% on the pcp
Margins were mostly affected by a considerably reduced EBITDA result for La Negra caused by
diminished spending by customers in Chile e.g. Codelco, which is expected to pick up in FY15
In FY13 La Negra produced over 100 pieces of equipment (95% replacement) for customers.
FY14 produced only 35
Calama produced a good result for FY14 on the back of multi-year service contract wins during the
period
austinengineering LTD
www.austineng.com.auView entire presentation