Investor Presentaiton
Business Update - Americas
North America - Westech:
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Revenue on par with pcp, but lower profit due to tighter pricing caused by the market downturn
Coal mining activity in North America has continued at good levels, but like many other parts of the
world, miners have cut back on spending
Some signs that customers in the Powder River coal basin are looking to spend again
Canadian Tar Sands work has been a success for FY14 and is expected to continue
Positive inroads made in Mexico with several of the larger mining companies
South America:
Chile:
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Recent contract wins have built a stable core base workload in Chile which will result in improved
performance in FY15
Servigrut acquisition continues to perform well
Restructure of Chile complete with distinct manufacturing, equipment hire and R&M businesses
expected to provide better focus and financial outcome for FY15
Clients have indicated that major tenders will be issued during the first half of FY15 (especially
Codelco who are Chile's major client)
Reasonable prospects of further major contract awards over the next 4 months
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