“I am proud to report another consistent half of operational and financial performance at DRA. Statutory outcomes for 1H24 reflect the continued stability of our business, with our profitability and cash generation leaving us with a healthy net cash position at the end of the half. This follows the payment of the dividend with respect to FY23 and the repayment of all bank debt, effectively reducing our financial leverage to zero.
Our pipeline remains robust, with A$221 million in new contracts and extensions secured, diversified across 380 new projects. This provides us with more than A$678 million work in hand.
Our business remains well-positioned to continue delivering on our global strategic priorities, focusing on our core strengths of engineering, project delivery, and operations management.”