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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.au
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