Diluted HEPS improved to 28.9cps in FY24 from -61.6cps in FY23.
Strong growth in revenue (+27.0% y-y) to A$3 055m, driven by the Building (+83.3% y-y) and Infrastructure (+22.7% y-y) segments.
GPM increased from 1.6% to 5.7%.
OPM improved from -3.6% to 1.1%.
Expenses increased by 9.3% y-y, while expense to sales fell from 5.6% to 4.8%.
No dividend.
Gross debt decreased by 33.5% y-y to A$54m.
Cash from operating activities improved from -A$53m to A$137m.
Order book decreased from A$4.2bn in FY23 to A$2.5bn in FY24, largely due to a slowdown in infrastructure awards in Australia and a 32.5% y-y decline in the mining order book.
