Cardno posts record FY profit

Infrastructure firm bucks raft of profit downgrades across mining industry.

Contractor Cardno (CDD) has bucked a raft of profit downgrades in the mining services industry, posting a record result for the year led by extra earnings from seven new mergers. 

Net profit rose 4.7% to $77.6 million, from $74.2 million in the previous year. 

Revenue grew 23.8% to $1.19 billion in the period, from $965.8 million, "largely due to the positive contributions of new merger partners".


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles