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ASX Announcements 2001

18 December 2001
United Group wins $10 million pipe spooling contract for Woodside's Train 4, with potential for more construction work
Leading diversified engineering, construction and maintenance company, United Group Limited, has been awarded a $10 million contract by Woodside Energy for the fabrication of carbon, stainless and carbon impact-tested pipe spooling.

28 August 2001
United Group’s restructuring program on track
Diversified engineering services and construction group, United Group Limited today signaled that its restructuring program, which began in February this year, is on track to deliver improved profit performance in the coming year.

28 August 2001
United Group secures first quarter sales of $200 million
Diversified engineering, maintenance and construction group, United Group Limited today reported first quarter revenue of $200 million for FY2002 (2001 first quarter: $176 million), strengthened by $108 million in contract wins and new work.

1 April 2001
United Group awarded $30 million plus construction contract at Ridgeway Gold Mine near Orange, NSW
Project signals upswing in Australia's resource construction sector. One of Australia's leading construction and engineering businesses, United Group Limited, has been awarded the contract to build the concentrator for the Ridgeway Gold Mine near Orange, New South Wales.

12 February 2001
United Group restructuring for profitable growth
Diversified engineering services and construction group, United Group Limited today announced a net profit after tax of $4.7 million for the half year to 31 December 2000 (1999: $7.1 million). Earnings per share were 5.8 cents (1999: 9.7 cents) and directors have declared a fully franked interim dividend of 3.0 cents per share (1999: 6.0 cents) payable on April 11 to shareholders on the register at April 4, 2001. The disappointing result can be attributed to continuing depressed trading conditions in the resource construction sector.

 

 

   
 
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