Investor Presentaiton
FY14 Financial Results - Segment Review
Australia:
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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
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