Ausdrill profit higher, positive forecast

MINING services contractor Ausdrill has reported a net profit after tax of $11.3 million for the year to June 30 and is predicting another strong year ahead. The result included a one-off tax credit of $2.2 million and the acquisition of an outstanding 50 per cent interest in African Mining Services, Ghana. Normalised revenue was up 32 per cent to $212.1 million with normalised profit after tax up 28 per cent to $9.1 million. The Kewdale-based com-pany’s Australian businesses performed well, with an increase in the division’s before-tax profit contribution to $10.2 million, up 252 per cent.Ausdrill declared a final fully-franked dividend of 2.25 cents a share, payable on October 26. The financial position of the company remained solid, the directors said in a statement, with shareholder equity growing by $10.6 million to $79 million and a cash position of $11.2 million. In March Ausdrill acquired from Henry Walker Eltin its 50 per cent share in AMS, which it expects to be a strong contributor to the group in future years.


(existing subscribers)

The password field is case sensitive.
Request new password

Add your comment

Ausdrill (ASL)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
101stNRW Holdings96%12%
185thMacmahon Holdings43%15%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Other
$0 Other
$1.5m Sold
Total value as at the date of the transaction
Source: Morningstar


10th↑Macmahon Holdings$714.9m
11th↑NRW Holdings$685.4m
237 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Ausdrill

97thJohn Kavanagh$724k
384thTheresa Mlikota$306k
704thTerry Strapp$89k
Ranked by total remuneration from all listed WA companies

BNiQ Disclaimer