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AUSTRALIA

Clough sitting pretty for FY13

ENGINEERING group Clough has had a solid financial year, chalking up a statutory net profit gain of 2% to $A50.7 million, but with $1.1 billion already booked in revenue for the 2013 financial year it is sounding downright bullish.

James McGrath
Clough sitting pretty for FY13

Total revenue for the 2012 financial year was just over $1 billion, which was up 28% year on year. Forge Group, which Clough moved to acquire back in 2010, contributed $24 million to Clough's overall...

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