UNDERGROUND

Macmahon's underground move pays

AN 11-month contribution from its acquired underground contractor GBF Group, the successful ramp-up at the Tropicana Boston Shaker contract and increased activity at its Australian and Indonesian operations helped Macmahon grow revenue 25% in the 2019-20 year.

Its move underground has helped boost Macmahon's earnings.

Its move underground has helped boost Macmahon's earnings.

Its capital expenditure over the period was $141.6 million, which was below the $155m guidance thanks to the timing of new equipment purchases. Its work in hand stands at about $4.5 billion, with more...

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