News Articles for Decmil Group

Decmil Group has announced a $NZ125 million ($116 million) contract extension in New Zealand, while also flagging a number of cost pressures expected to impact earnings.

Two Perth-based contractors have secured new work, with Decmil Group locking in a $NZ24.3 million ($22.7 million) contract for two schools in New Zealand, while NRW Holdings will undertake work for Rio Tinto in the Pilbara.

Decmil Group has made some changes to its board structure, as part of its board renewal plan, to better reflect the future needs of the business.

Decmil Group has launched a major board restructure that includes the retirement of company founder Denis Criddle, as it posted an interim loss but pointed to strong revenue growth in the coming year.

Decmil Group has been awarded two contracts totalling $37 million for road construction work in Victoria, which includes $29 million worth of work for VicRoads

Four contractors have been invited to submit proposals for the design and build of the $50 million Wanneroo Road and Joondalup Drive interchange, which is set to begin construction mid-year.

Decmil Group is well placed to secure a $275 million engineering contract for Chinese group Maoneng's 250-megawatt Sunraysia solar project in NSW, after signing a memorandum of understanding to complete early designs for the project.

Osborne Park-based Decmil Group has won a $75 million contract with BHP Billiton to upgrade and expand accommodation for the miner's existing operations and its planned South Flank iron ore project near Newman.

Decmil Group has won more work on a highway extension project in Victoria, with the new package worth about $60 million.

Decmil Group has been awarded a $13 million contract for work at BHP Billiton's South Flank iron ore project near Newman.

Decmil Group has been earmarked for a $NZ60 million ($A56 million) construction contract for work at two prison sites in New Zealand.

Perth-based Decmil Group has cut its full-year revenue forecast for the second time in six months and foreshadowed a trading loss in the second-half of the 2017 financial year, along with further impairments.

Southern Cross Electrical Engineering has announced a number of contract wins worth a combined $100 million, with the majority of the work to be carried out by recently acquired, Sydney-based subsidiary Heyday.

Local contractor Primero Group is set to win its third major contract on a mining project this year while RCR Tomlinson has geared up to supply Rio Tinto's new iron ore mine.

A joint venture between Decmil Group and Belgian company BESIX Group has won a $21 million contract to build tug facilities in Port Hedland for Fortescue Metals Group.

Engineering and construction contractor Decmil Group has sold its Osborne Park headquarters to Primewest Funds for $27.5 million.

Decmil Group has entered into a joint venture agreement with US-based SolarReserve for the construction of a 70-megawatt solar photovoltaic plant in NSW.

Decmil Group has substantially cut its revenue forecasts for the current financial year due to delays in recent contract wins, while suffering further losses at a Victorian construction project.

Business News sat down to lunch at Julio's with the CEO and managing director of Decmil Group, Scott Criddle, who says building relationships is an important part of his role.

SPECIAL REPORT: The median base pay of newly appointed chief executives at listed Perth companies fell this year to $295,000, a survey by Business News has found.

Macmahon Holdings has unveiled the remuneration package for new chief executive Michael Finnegan, adding to a trend in the contracting sector for lower base salaries but greater potential for bonuses.

Perth-based Decmil Group has won a $22.1 million contract for road work in Victoria through a subsidiary it acquired earlier this year.

Engineering and construction contractor Decmil Group has won a $17 million extension to its contract with QGC for work at the Queensland Curtis LNG project in Gladstone.

The Business News index of 30 Western Australian companies outperformed the ASX200 in the September quarter on the back of stronger showings from a handful of miners and contractors.

Decmil Group has won three contracts worth about $34 million, with two of the contracts awarded to a joint venture established with a local engineering business owned by former Horizon Power boss Rod Hayes.

Gold and lithium players were the biggest winners in the quarterly S&P/ASX indices rebalance, with Perth-based companies Galaxy Resources and Resolute Mining leading the shift, while contractors and tech firms lost ground.

Decmil Group and Global Construction Services have swung into the red on the back of large write-downs and restructuring costs, but both are upbeat on the year ahead.

Two very different Perth companies, tech start-up Pointerra and precast concrete manufacturer WestStar Industrial, have begun trading on the ASX today after completing their respective reverse takeovers.

SPECIAL REPORT: Mining stocks are again leading the way in shareholder returns, but this time it's not the iron ore players doing the business.

Shares in Southern Cross Electrical Engineering surged on news the company has entered into an agreement to buy a local telecommunications contractor in a deal worth up to $17.2 million.

SPECIAL REPORT: Growing infrastructure needs and a diminishing capacity to fund them is a major challenge for WA, according to key players who attended a recent Business News forum.

A subsidiary of engineering and construction contractor Decmil Group has won a contract with Lendlease for NBN installation work in New South Wales.

Perth-based Decmil Group has won another contract to build a school in New Zealand.

Perth-based contractor Decmil Group has entered into an agreement with BG Group for the provision of its services in the Surat Basin.

Diversified contractor Decmil Group has won $46 million worth of contracts with the Department of Defence, with work to be carried out across multiple states including Western Australia.

Decmil Group has lowered its revenue guidance after announcing a number of one-off costs relating to the closure of one of its local business divisions, coupled with delays to a project and further restructuring, as it seeks to direct its business away from the resources sector.

SPECIAL REPORT: Tox Free Solutions has completed nearly 20 takeovers on its way to becoming a national player in the waste management sector.

A group of 30 Western Australian stocks selected by Business News has significantly outperformed the ASX200 in the March quarter, indicating stock investors are optimistic about the state's economic future.

Local contractor Decmil Group has won a $14 million contract for work on the state government's New Norcia bypass along the Great Northern Highway.

Perth-based Decmil Group has won a $30.6 million contract to build a warehouse hub in Port Hedland for a subsidiary of BHP Billiton.