News Articles for RCR Tomlinson

About 54 local jobs will be axed when RCR Tomlinson shuts down 14 operations across the country, with the company seeking to significantly reduce its exposure to the depressed coal market.

SPECIAL REPORT: The number of women serving on company boards is slowly one the rise, but it's still rare to see a female take the chair, judging by Business News's analysis of Western Australian company directors.

Engineering and infrastructure group RCR Tomlinson has won a contract to provide early work on a solar farm in Queensland for Origin Energy for an undisclosed sum.

RCR Tomlinson shares nosedived this morning after the company announced a 53 per cent fall in profit for the six months to December.

NRW Holdings chairman Ian Burston has announced plans to step down, while also announcing a remuneration review that will include chief executive Julian Pemberton, whose annual pay is substantially higher than his peers.

Whether or not the Wellard IPO is successful, it demonstrates there is more to WA than just resources.

Engineering firm RCR Tomlinson has secured new contracts worth a combined $100 million, including $48 million in water infrastructure projects in Western Australia.

Governments must not only do the right thing, they must be seen to be doing the right thing.

The last day of the profit reporting season delivered a few surprises for Western Australia-based mining services companies, with NRW Holdings incurring a bigger-than-expected loss, VDM Group shrinking at a rapid rate, Swick Mining Services showing some promise, and Resource Development Group staying in the black.

RCR Tomlinson has lifted its annual dividend after delivering solid results in a weak market, with the engineering and construction contractor posting a net profit of $39.1 million for the financial year.

RCR Tomlinson has negotiated a $10.4 million purchase deal for Water Corporation's engineering and construction services business that includes $130 million in guaranteed work over the next three years.

Engineering services company RCR Tomlinson has increased profit by 3.9 per cent to $19 million for the six months to December, on the back of sales in the infrastructure and energy markets.

Engineering services company RCR Tomlinson has announced it will sell and lease back four properties for $37.5 million, with the proceeds to be used to pay down debt.

Southern Cross Electrical Engineering is the latest WA based company to commence an on-market share buy-back, as the trend towards returning capital to the market continues.

Nickel miner Panoramic Resources has joined the list of Western Australian companies returning cash to investors through share buy-backs.

There is very weak correlation between remuneration levels at WA's major contractors and the performance of their underlying businesses.

The tougher business climate has prompted some WA companies to cut executive salaries, but most have held the line and some have even awarded pay rises.

Engineering and infrastructure firm RCR Tomlinson has established a new subsidiary to build a power station in the Galilee basin in Queensland, with Indian company Adani Mining lined up as a foundation customer.

RCR Tomlinson has appointed Sue Palmer as an independent non-executive director.

Engineering and infrastructure company RCR Tomlinson has returned a fifth straight year of revenue growth, delivering a statutory net profit after tax of $43.3 million.

Business News' annual mining services review highlights the large and diverse number of companies exporting their skills and expertise.

Soft commodity prices have driven the market capitalisation of Western Australia's listed companies lower, bringing recent gains to an end.

Mining and engineering contractors were the biggest losers today when the S&P Dow Jones rebalanced all of its Australian indices, with RCR Tomlinson one of the few to buck the trend.

RCR Tomlinson's strong share price has delivered a further windfall for managing director Paul Dalgleish, who has exercised another batch of options at just 39 cents per share.

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 Tomlinson has announced the appointment of Bruce James as an independent non-executive director.

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.

Engineering firm RCR Tomlinson has appointed Andrew Phipps as chief financial officer.

Lloyd Jones will join engineering and infrastructure firm RCR Tomlinson as a non-executive director, following the retirement of Kevin Edwards at the company's annual meeting next month.

RCR Tomlinson has been awarded more than $125 million in new contracts across its resources and infrastructure businesses.

RCR Tomlinson non-executive director Francis Bethwaite has resigned from the board of the engineering firm, after a year and a half in the role.

The strong growth in RCR Tomlinson's share price has delivered windfall gains for chief executive Paul Dalgleish, who exercised another batch of share options today.

RCR Tomlinson managing director Paul Dalgleish has added over $6 million worth of shares to his stake in the engineering firm, through the exercise of options and the conversion of performance righ

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 Tomlinson and GR Engineering have reported contrasting fortunes in the resources engineering sector, with RCR booking a record profit result and GR's earnings slipping due to tightening market conditions.

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

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