Markets: A light down the line for Bradken

While prepared for a tough 2014, Brian Hodges is waiting for the day when cost-cutting miners will have to ramp up their capex again.

Bradken managing director Brian Hodges is nothing if not an optimist. After a 33 per cent fall in 2013 net profit to $66.9 million for the mining products, engineering and rail company, Hodges says things are looking up.

“We expect mine production to show steady increases again in financial year 2014 for most commodities, and the energy sector to remain strong for oil and gas products,” he says in an ASX statement.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : '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

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

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 to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles