Boart Longyear: Result 2012

There is little to like about the world's largest supplier of drill rigs.

Boart Longyear’s full-year result confirmed the end of the mining boom. Revenue for the full year fell marginally to just over US$2bn, generating net profit US$68m, a 57% fall from last year largely due to the inclusion of US$68m worth of restructuring charges.

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