Mining downturn weighs on Ausenco

AUSENCO has cut its earnings guidance and foreshadowed further writedowns as the mining downturn continues to bite.

Mining downturn weighs on Ausenco Mining downturn weighs on Ausenco Mining downturn weighs on Ausenco Mining downturn weighs on Ausenco Mining downturn weighs on Ausenco

In an update this morning, the engineering firm said it had been hit by project delays and extended payment terms over the past three months.

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