Investor Presentaiton slide image

Investor Presentaiton

FY14 Financial Results - Segment Review Group Result: The inconsistent business conditions flagged in February 2014 continued through to June 2014 Australian mines are still producing at record levels, which is expected to lead to increased orders, as current constrained spending on equipment normalises to higher levels of spending The next stages in the capital allocation cycle for miners are likely to be based on productivity gains, which positions Austin very well due to our products being custom made and specifically designed to provide productivity improvements Overseas operations reported similar cost-cutting behavior from their customers which contributed to the lower than expected results in the second half of FY14 Some indications that we are past the bottom of the cycle as we are seeing an increased volume of enquiries as well as higher dollar value enquiries coming through There were tax changes in Chile, which allow a deduction for goodwill in certain circumstances, taken up for the first time in FY14 austinengineering LTD www.austineng.com.au
View entire presentation