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Investor Presentaiton

FY14 Financial Results - Segment Review Australia: • Revenue down $74.6m (-37%); EBITDA down $25.7m (-76%) versus pcp Gross margin % increased, and overheads were below budget, but the magnitude of the sales volume decrease impacted EBITDA margins detrimentally Comparison with pcp should take into account WA's record breaking year in FY13. WA still a strong contributor in FY14 but not to FY13 levels East Coast operations experienced continued reduced and inconsistent activity, but had a strong finish to the year which was encouraging • Pilbara Hire continued its strong performance and produced a result above budget COR Cooling continued its good year with a result on budget, which was a significant increase on last years result austinengineering LTD www.austineng.com.au
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