Half Year 2023 Macmahon Holdings Ltd Earnings Call Transcript
Welcome, everyone, and thank you for joining us today for Macmahon's 2023 Half Year Presentation. I'm Mick Finnegan, the Chief Executive Officer and Managing Director of Macmahon. And I'm joined today by our CFO, Ursula Lummis, and Donald James, our Chief Commercial Officer. As always, we know this time of year is very busy, and we appreciate your time and the opportunity to run through today's presentation. We'll be happy to take any questions once completed.
We will begin with the financial highlights on Slide 2. You'll see Macmahon continued to perform solidly during the half, and we did see some success in order book delivery. There was improvement across most key metrics, and we saw growth in underlying EBITDA and cash flow from the prior corresponding period. Operating conditions remain challenging, particularly with regards to increasing costs, skilled labor shortages and unseasonal wet weather on the East Coast of Australia. However, we did continue to navigate through these together with our clients, and this is
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