Clough have bucked the trend in the mining and engineering services space with an FY13 profit upgrade. Looks like the spread of projects, quality of their client base and a focus on operational effectiveness has helped to soften the blow of the margin compression. Impressive performance when the trend in the industry has been heavily in the opposite direction. (VIEW LINK)
I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.