Macmahon Holdings Limited
(ASX:MAH) says 2014 will be a challenging year as it battles for work in the resources industry.
The company's tender pipeline includes about $2.5 billion worth of work and it's hopeful of securing contracts with major mining companies such as BHP Billiton, Vale, Newmont and Rio Tinto.
Macmahon is also tendering overseas with hopes of securing work on projects by Lafarge, Anglo Gold and Newmont.
But chief executive Ross Carroll told the company's annual general meeting there was a long way to go as the company transforms itself into a leaner, stronger and more focused organisation.
Macmahon booked a net loss of $29.5 million in fiscal 2013.
