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macmahon holdings ltd (MAH) Snapshot

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52 Week High
08/20/14 - A$0.14
52 Week Low
02/23/15 - A$0.03
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macmahon holdings ltd (MAH) Details

Macmahon Holdings Limited provides mining services to clients in Australia, New Zealand, Central and South-East Asia, and Africa. It operates through three segments: Surface Mining, Underground Mining, and International Mining. The company offers surface mining services, including drill and blast, bulk and selective mining, crushing and screening, train loading, and the use of range of mining equipment. It also provides underground mining services; and engineering services, including design, construction, maintenance, and on site services, as well as on-site maintenance and plant management support services. Macmahon Holdings Limited was founded in 1963 and is headquartered in West Perth, Australia.

2,467 Employees
Last Reported Date: 08/19/14
Founded in 1963

macmahon holdings ltd (MAH) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: A$162.9K
Chief Operating Officer of Surface Mining and...
Total Annual Compensation: A$549.2K
Group General Manager of Human Resources
Total Annual Compensation: A$316.8K
Executive General Manager of Underground Mini...
Total Annual Compensation: A$395.0K
Group General Manager of Market Development
Total Annual Compensation: A$356.0K
Compensation as of Fiscal Year 2014.

macmahon holdings ltd (MAH) Key Developments

Macmahon Holdings Lays Off Another 50 Workers

Macmahon Holdings has laid off another 50 workers under measures to restructure the business in the wake of losing its biggest contract. The job cuts made late last week are understood to be across the board among overhead staff at the mining contractor. They follow the loss of about 45 positions before Christmas. Further lay-offs, including a cull of management positions, are expected in coming weeks.

MacMahon Holdings Ltd. expected to report First-Half, 2015 results on March 5, 2015. This event was calculated by Capital IQ (Created on February 27, 2015).

MacMahon Holdings Ltd. expected to report First-Half, 2015 results on March 5, 2015. This event was calculated by Capital IQ (Created on February 27, 2015).

MacMahon Holdings Ltd. Reports Earnings Results for the Half Year Ended December 31, 2014; Revises Revenue Guidance for the Full Year of Fiscal 2015

MacMahon Holdings Ltd. reported earnings results for the half year ended December 31, 2014. For the period, net loss was $112.5 million, down from a $19.4 million net profit. Revenue was $384.3 million, down 30% from $550 million. Underlying EBITDA from continuing operations was $55.9 million. Underlying net profit after tax was $11.3 million. Operating cash flow was $27.2 million. The company expects full year of fiscal 2015, revenue between $600 million and $700 million, down from its previous range of $750 to $850 million. It had already cut the forecast in November, from between $750 million and $1 billion, after a payment dispute with a state-owned Mongolian coal company.


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