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Macmahon downgrades growth amid mining finance woes

PERTH-based engineering contractor Macmahon has downgraded its outlook for annual growth by almos...

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Macmahon downgrades growth amid mining finance woes

The contractor said it expected growth of 10-15% for fiscal 2009, down from the 20-30% targeted in August. Macmahon chief executive Nick Bowen said the new forecast meant full-year profits were now expected...

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