CIMIC Group announces 2017 full year financial results

By   /  February 8, 2018  /  Comments Off on CIMIC Group announces 2017 full year financial results

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MIL OSI – Source: Hochtief –

Headline: CIMIC Group announces 2017 full year financial results

2017 NPAT of $702m, up 21%, at top end of guidanceCash flows from operating activities1 of $1.5bn up 27%; EBITDA conversion rate 101%Robust financial position with net cash of $910m, up more than $500mPositive revenue2 trend, up 24% to $13.4bnWIH3 of $36bn; new work4 of $18.4bn; extensive pipeline2018 NPAT guidance of $720m to $780m, up 3% to 11%

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