WDS’ strong increase in profit for the six months to 31 December 2013 headlines the news in this edition, with profit doubling on the same period last year and dividends for the first two quarters of FY14 also increasing by 100% on the previous corresponding interim. The Mining Division was awarded the $142.8m Eagle Downs Drift Contract and the Energy Division almost tripled its earnings before interest and tax.
WDS has demonstrated the strength of its diversified business model. A strategy that identified early the significant growth opportunities from CSG. Over the past four years WDS has been building relationships and establishing its credentials with the major players bringing CSG to market. Investment in WDS is now yielding benefits for its shareholders through strong capital and dividend growth.
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