METS

Macmahon rebound gathers steam

Macmahon Holdings CEO Michael Finnegan says the company proved sceptics wrong with its strong FY18 operating and financial results and could really surprise with its gains over the next three years. “With [our current] order book and pipeline we’re in a pretty good position and the key is making sure no one gets ahead of themselves and cocky,” he told Mining Journal on the sidelines of Macmahon’s 55th annual general meeting.

 Michael Finnegan (centre): "We have delivered on our promise, and we expect further growth in FY19"

Michael Finnegan (centre): "We have delivered on our promise, and we expect further growth in FY19"

Plenty of contractors did just that during the last big mining investment upswing - growing too fast, and often too far from home, on margins that were too thin and balance sheets that got too stressed...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.