News Articles for Norfolk Group

RCR posts higher profit on Norfolk buy

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Engineering group RCR Tomlinson says its $140 million purchase of infrastructure business Norfolk Group is paying dividends, announcing a 14 per cent increase in half-year net profit.

RCR looks to infrastructure for growth

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RCR Tomlinson says it's confident its newly acquired infrastructure business will provide significant growth in the year ahead as the company looks to diversify its revenue streams.

Contractors shed jobs as slowdown bites

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Mining services contractors have slashed thousands of jobs as the slowdown in the resources sector piles pressure on companies to cut costs after several years of growth.

RCR increases bid for Norfolk Group

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RCR Tomlinson has increased its takeover offer for Norfolk Group to $78 million, $16 million more than the indicative price it announced last month.

Norfolk Group higher on takeover update

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Shares in takeover target Norfolk Group were up strongly today after bad news on a contract termination was outweighed by the disclosure that its takeover price could be nearly twice the 38 cents p

RCR offers $62m for Norfolk Group

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RCR Tomlinson has made a $62 million offer to purchase engineering contractor Norfolk Group.

Norfolk Group to put off search for suitor

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Engineering contractor Norfolk Group says it will resume looking for a takeover partner at the end of the financial year after it was unable to secure a suitable offer from several interested parti

Norfolk wins $56m Pilbara rail contract

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Norfolk Group has won a $56 million contract to provide a radio-based rail signalling system for GE, at Fortescue Metals Group's track duplication project between Port Hedland and the Christmas Cre

Norfolk awarded $17.5m Rio Tinto contract

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Engineering company Norfolk Group has won its first contract under a five-year framework arrangement with resources giant Rio Tinto.

Norfolk wins $82m of work with BHP

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Engineering company Norfolk Group has signed an $82 million contract with BHP Billiton for work on rail signalling systems in the Pilbara region of Western Australia.

Norfolk announces contract wins

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Engineering services firm Norfolk Group has announced two new resources contracts in Western Australia and Queensland worth a combined $56 million.

Monadelphous spends $4m on Norfolk stake

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Engineering company Monadelphous Group has spent close to $4 million building up a 12.4 per cent stake in listed services company Norfolk Group as part of its diversification strategy.