Macmahon Holdings has booked a further $144 million in civil works contracts, including provisions to deliver further upgrades to Marble Bar Road in the East Pilbara.
Macmahon Holdings posted a reduced net profit of $30 million during the first half of the 2025 financial year, which was down 17.8 per cent from $36.5 million.
An expansion of WA's renewable energy sector is proceeding after a lull in activity, with contracts awarded for an expansion of one wind farm and construction of a second, new wind farm.
The Macmahon Holdings subsidiary told the market this morning it had been awarded the tender for the upgrade of approximately 23 kilometres of Marble Bar Road.
Business News has significantly overhauled the BN30 index, a proxy for the WA economy, with seven new additions, prompted by the exit of takeover targets MMA Offshore, APM and Decmil.
WA Labor has received almost $140,000 worth of donations since the state's new disclosure laws kicked off on July 1, with Perdaman the latest business to give to the party.
Mark Pownall and Jack McGinn discuss subsidy warnings; WA Labor's next generation; Hancock's Lynas stake, tailings clean up, Minderoo job cuts, Macmahon's move for Decmil and Inpex's Ichthys decision.
Civil engineering and construction group Decmil reduced its net loss after tax to $1.8 million during the first half of FY24, down from $2.5 million during the prior corresponding period.
The Town of Port Hedland will defend legal action instigated by Decmil over an alleged contractual breach tied to a $19 million project that was backed by the state government.
The local contractor pulls together an earnings turnaround and is confident in the ‘wide scale reset' of its operations, but will book another loss for 2023.
Civil engineering and construction contractor Decmil Group has received a limited notice of award for road infrastructure works for Covalent Lithium's Mount Holland project.
Civil engineering and construction contractor Decmil Group says it's ready to enter a new phase of profitable revenue growth as it taps investors for $26.3 million.
Investors have seemingly welcomed news that Decmil has settled legacy disputes and finished up loss-making projects, with shares in the contractor closing the day up more than 18 per cent.
Our weekly appointments wrap includes Simon Barnes, Deon Baddock, Ben MacKinnon, Tracie Clark, Marcus Tan, Lindsay O'Sullivan, Danelle Cross, Donna Cross, Tom Goerke, Charlie Caruso, Andrew Stead, Helga Mikkelsen, Sara Giunco, Eddie Chia Wei Quan and Kristen Di Gregorio.
Decmil chief executive Rod Heale says the contractor is making positive strides in resolving its legacy issues after reaching a settlement with Schneider Electric Australia.
Our weekly appointments wrap includes Elizabeth Gaines, Paul Fitzpatrick, Jenn Morris, Virginia Miltrup, Drew Tomkins, Giacinta Parish, Mark Reed, Greg Jason, Paul Bird, and Luca Pietropiccolo.
A year-long court stoush over a $1.3 million bill has come to a dramatic end, with contractor Decmil succeeding in its bid to wind up Avid Australia Holdings.
Shares in Decmil have rallied ahead of news the group had finally reached a peace deal in its $11 million stoush with subcontractor Southern Cross Electrical Engineering.
Decmil shares closed the day at a three-month high despite the contractor bracing investors for a $102 million loss for the financial year following a handful of downgrades.
When administrators from Deloitte walked into the West Perth offices of WBHO Infrastructure in February, they knew speed would be critical to rescuing the business.
Decmil has further reduced its expected revenue but is set to bounce back in the new financial year, ending a difficult few months by announcing $137 million in new contracts.
Our board moves wrap includes Michael Naylor, Susan Field, Ray Shorrocks, Simon Jackson, Rod Heale, Vin Vassallo, Mark Freeman, David Koch, Donald Strang, Richard Treagus, and Jeffrey Lee.
