Full Year 2019 Macmahon Holdings Ltd Earnings Call Transcript

Aug 30, 2019 / 01:00AM GMT
Michael John Finnegan - Macmahon Holdings Limited - CEO, MD & Director

Thank you. Welcome, everyone, and thank you for joining us this morning for Macmahon's 2019 Full Year Results Presentation. We appreciate you taking the time to join us. My name is Mick Finnegan, and I'm the Chief Executive Officer of Macmahon, and I'm joined by our CFO, Giles Everist; and Investor Relations Manager, Chris Chong. Giles and I will run through our full year results and outlook before opening to questions.

But before I go into the slide deck, I'd like to make some high-level comments. This was clearly a strong result for Macmahon. We delivered more than $1.1 billion in revenue and an EBIT of $75.1 million, both up considerably on last year and in line with our guidance. Pleasingly, we have entered the 2020 financial year in a strong position, we're going to achieve earnings growth by simply executing on our secured order book, which delivers our FY '20 guidance of revenue of between $1.2 billion to $1.3 billion and an EBIT of between $80 million to $90 million.

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