Construction and engineering company Paladio Group has unveiled major changes with managing director Victor Kuss to step down and a name change to Decmil Group.
Engineering and construction company Paladio Group has forecast full-year net profit to reach up to $12 million before any write down associated with the collapse of Windimurra Vanadium.
Engineering and construction company Paladio Group says it is well placed to deliver a profit for fiscal 2009 despite a possible $4 million hit from the suspension of works at the Windimurra Vanadium project.
Paladio Group Ltd subsidiary, Decmil Australia Pty Ltd, has secured its second Woodside contract, worth $115 million, for civil works at the Pluto liquefied natural gas project.
Project delays have prompted Belmont-based engineering and construction company Paladio Group Ltd to report a smaller profit of $55,000 for the 2008 financial year.
Belmont-based engineering and construction company, Paladio Group Ltd, has announced an operating profit after tax of $579,000 on revenue of $59.5 million.
Paladio Group Ltd has announced that two of its subsidiaries have won a further $7 million in new orders, taking the total value of its new orders in January 2008 to $30 million.
Belmont-based Paladio Group Ltd has continued its strong start to the year after subsidiaries, McFee and Novacoat (WA), secured a total of $10 million in new orders.
Belmont-based industrial services company Paladio Group Ltd has reached a conditional agreement to purchase engineering design and drafting services provider Matrix Engineers Pty Ltd for $3.2 million in cash and scrip.
Belmont-based industrial services provider Paladio Group Ltd will acquire Kewdale-based Fabcon Constructions Pty Ltd for $1.4 million cash plus 600,000 Paladio shares at 85c per share.
The buoyant resources sector has proved a boon for Paladio Group Ltd with the diversified industrial services provider expanding its existing operations and acquiring businesses complementary to its existing infrastructure.
