HOME ABOUT US ADVERTISE SUBSCRIBE SITE MAP HELP CONTACT WORK FOR US   Thursday 9 September 2010 Make CIN my HomePage    CONSTRUCTION BUSINESS STORIES [ 513 Results - Showing Results 1 to 30 ] Big write-downs but strong underlying results: Downer (Friday, 20 August 2010) THE Australian market has punished Downer EDI for a well-flagged $A190 million write-down that led to a 98% profit drop for the year. Full Story... Watpac delivers for shareholders (Friday, 20 August 2010) A STRONG performance by Watpac’s civil and mining contracting divisions has helped the listed contractor and property developer achieve an after-tax profit of $26.8 million for the 2010 financial year – 138% up on the previous year. Full Story... Nine straight for Monadelphous (Wednesday, 18 August 2010) MONADELPHOUS Group has delivered its ninth consecutive year of earnings growth after announcing a 12% year-on-year profit increase in 2010. Full Story... Macmahon’s order book at $2.2B (Wednesday, 18 August 2010) DELIVERING a 20% rise in full year profits after tax of $A37.9 million and showing off an order book of $2.2 billion was the good part. However, contractor Macmahon has warned a repeat of such good times is less assured if the proposed Minerals Resources Rent Tax gets through. Full Story... Leighton turns a bigger profit (Monday, 16 August 2010) LEIGHTON Holdings has increased after-tax profits by 39% in the past financial year on the back of a small revenue increase. Full Story... Managing contractors in taskforce spotlight (Monday, 9 August 2010) THE federal government’s Building Education Revolution taskforce says it will keep a close eye on costs claimed by some managing contractors in New South Wales. Full Story... Battle for mid-level staff brewing: Hays (Monday, 26 July 2010) CONSTRUCTION companies are facing an upcoming battle for mid-level staff due to their reluctance to recruit graduates and entry-level staff during the downturn. Full Story... Better fortunes for WDS (Monday, 12 July 2010) CONTRACTOR WDS is expecting its earnings to recover now that the new version of the resources tax will not hurt the coal seam gas sector, while a new chief executive and another director have been appointed to help steer the company through its tougher times. Full Story... Boral set to start on $200M NSW quarry (Wednesday, 7 July 2010) BORAL will raise $490 million to overhaul its operations and fund expansions in its core building and construction materials businesses, while looking to offload some underperforming subsidiaries. Full Story... Taking a look at tax (Tuesday, 15 June 2010) WITH the end of the financial year fast approaching, Finance broker Finlease has outlined some key steps contractors can take before the June 30 deadline to optimise opportunities in the year ahead. Full Story... WA budget big on infrastructure bucks (Friday, 21 May 2010) KEY infrastructure projects for Western Australia's resources sector were big winners in yesterday's state budget, which delivered a $A286 million surplus. Full Story... Leighton shrugs off GFC (Monday, 17 May 2010) LEIGHTON Holdings is on track for a solid result this financial year, booking a $400 million profit after tax for the first nine months of 2010-11 on revenue of $13.3 billion. Full Story... Volvo sales pick up (Wednesday, 28 April 2010) VOLVO Construction Equipment has reported a 36% improvement in sales for the first quarter of 2010 as the total world market for heavy, compact and road machinery equipment picks up. Full Story... Solid result for Downer EDI (Friday, 26 February 2010) ENGINEERING and construction giant Downer EDI has delivered an $87 million net profit after tax for the December half and declared an interim dividend of 13.1c. Full Story... AJ Lucas to post $18M underlying loss (Monday, 1 February 2010) AJ Lucas has blamed management missteps in the previous financial year, delays in project timing and general business uncertainty for an expected underlying earnings before interest, tax, depreciation and amortisation loss of $A18 million. Full Story... Underground metro up in the air (Friday, 22 January 2010) THE future of Sydney’s CBD Metro remains uncertain following this week’s announcement by New South Wales Premier Kristina Keneally that the government has stopped acquiring land in Rozelle, where the underground rail line was planned to terminate. Full Story... Abigroup scores Link PPP (Monday, 18 January 2010) ABIGROUP and its consortium partners have won the $759 million public-private partnership contract to build Melbourne’s new Peninsula Link motorway. Full Story... Engineering construction drops (Friday, 8 January 2010) REDUCED demand for apartment building and a further decline in engineering construction hampered growth in Australia’s construction industry in December. Full Story... APLNG awards upstream contracts (Wednesday, 6 January 2010) THE Australia Pacific LNG joint venture has awarded two key upstream design, engineering and construction contracts as it works towards a final investment decision for its coal seam gas-to-liquefied natural gas project. Full Story... Civmec takes $24 million punt (Friday, 11 December 2009) CIVMEC Construction and Engineering has announced plans for a massive fabrication hall to be built on land at the Australian Marine Complex in Henderson. Full Story... Tough year for John Deere (Friday, 4 December 2009) JOHN Deere’s construction and forestry equipment division has suffered a 45% sales decrease in 2009 but is predicting a better result for next year. Full Story... Vic prison project a green challenge (Wednesday, 25 November 2009) ARARAT Prison, one of Victoria’s oldest correctional facilities, is set to become one of the greenest. Full Story... Boom denies takeover (Wednesday, 25 November 2009) BOOM Logistics has quelled rumours that it has been taken over by its largest shareholder, the Harbrew Group. Instead the troubled crane company is going ahead with a planned $67 million equity raising to help it reduce debt and strengthen its balance sheet. Full Story... JH steps into ER (Wednesday, 18 November 2009) CONSTRUCTION and engineering firm John Holland has launched an Energy & Resources business to further break into the lucrative oil and gas market while retaining its minerals roots. By Noel Dyson Full Story... Ord development shortlist named (Friday, 13 November 2009) THE Western Australian government has shortlisted four contractors for the $220 million Ord-East Kimberley Expansion Project. Full Story... Sedgman tipped to win Benga contract (Friday, 30 October 2009) GOLDMAN Sachs JBWere has forecast a revenue boost for Sedgman of at least $A80 million as it expects the engineering firm to win the coal handling and preparation plant contract for the Benga project in Mozambique. Full Story... Civil works start on AMC petroleum service and supply base (Friday, 30 October 2009) ABIGROUP has started civil works on the new $35 million oil and gas service and supply base at the Australian Marine Complex at Henderson, Western Australia. Full Story... VDM aiming for $35M (Wednesday, 28 October 2009) PERTH-based construction and engineering company VDM plans to undertake two placements and a renounceable entitlement offer to raise $A35 million. Full Story... LiftRite scores a Gehl (Wednesday, 14 October 2009) WESTERN Australian construction and materials handling equipment dealer LiftRite Hire & Sales has signed a long-term distribution agreement for Gehl skid steer loaders with importer Manitou Australia. Full Story... AJ Lucas revamps IT operations (Friday, 11 September 2009) AJ Lucas Group has signed a $6 million, five-year services agreement with HP and Astron Technology to manage its information technology operations. Full Story... 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