METS

Macmahon rebound gathers momentum

Macmahon Holdings CEO Michael Finnegan says the company proved sceptics wrong with its strong FY18 operating and financial results and could really surprise with its gains over the next three years. “With [our current] order book and pipeline we’re in a pretty good position and the key is making sure no one gets ahead of themselves and cocky,” he told MNN on the sidelines of Macmahon’s 55th annual general meeting.

 Michael Finnegan (centre): "We have delivered on our promise, and we expect further growth in FY19"

Michael Finnegan (centre): "We have delivered on our promise, and we expect further growth in FY19"

Plenty of contractors did just that during the last big mining investment upswing - growing too fast, and often too far from home, on margins that were too thin and balance sheets that got too stressed...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.