Key Developments: Cardno Ltd (COLDF.PK)
5.10USD
23 May 2013
$-0.40 (-7.27%)
$5.50
$5.00
$5.10
$5.00
36,120
4,265
$8.97
$5.00
Latest Key Developments (Source: Significant Developments)
Cardno Ltd Issues FY 2013 NPAT Guidance Below Analysts' Estimates
Cardno Ltd expects Net Profit After Tax (NPAT) for the fiscal 2013 to be in the range of AUD73 million to AUD77 million. According to I/B/E/S Estimates, analysts were expecting net income of AUD81.95 million for fiscal 2013. Full Article
Cardno Ltd Announces Resignation Of Chief Financial Officer
Cardno Ltd Announced the resignation of Mr. Jeffrey Forbes as Executive Director, Chief Financial Officer and Company Secretary of Cardno Ltd effective March 6, 2013. Mr. Graham Yerbury replaces Mr. Forbes in the role of Chief Financial Officer, effective as of March 6, 2013. Mr. Forbes will continue as an Executive Advisor full time until the end of March 2013 and then provide part time services through to the end of June 2013. Full Article
Cardno Ltd To Pay H1 2013 Dividend
Cardno Ltd announced that it will pay an interim dividend of AUD 0.18 per share for the first half of fiscal 2013. The record date is March 22, 2013 and the payment date is April 5, 2013. Full Article
Cardno Ltd Announces Issuance Of Shares
Cardno Ltd announced the issuance of 52,969 ordinary shares at AUD 6.33836 each. The shares are issued to satisfy obligations under the Share Sale Agreement in respect of the acquisition of Lane Piper Pty Ltd. Full Article
Cardno Ltd Issues H1 2013 NPAT Guidance
Cardno Ltd announced that it expects Net Profit After Tax (NPAT) for the first half of fiscal 2013 to be in the range of AUD 36 million to AUD 40 million. Full Article
Cardno Ltd Acquires Hard & Forester
Cardno Ltd announced that it has acquired Hard & Forester, a survey firm in Sydney, New South Wales, on November 1, 2012. The acquisition will be funded by an approximate mix of 75% cash and 25% shares. Around 250,000 shares will be issued at a price of AUD 7.82769. The cash component will be funded from available cash reserves. Full Article
Cardno Ltd Appoints New Chairman
Cardno Ltd announced that Mr. John Marlay has on August 15, 2012 become Chairman of the Company. Full Article
Cardno Ltd To Pay FY 2012 Final Dividend
Cardno Ltd announced that it will pay a final dividend of AUD 0.18 per share for fiscal 2012. The record date is September 14, 2012 and the payment date is October 12, 2012. Full Article
Cardno Limited Acquires Marshall Miller & Associates, Inc
Cardno Limited announced the acquisition of Marshall Miller & Associates, Inc. (MM&A), a 180-person mining, energy and environmental consulting firm headquartered in Bluefield, Virginia, USA. Cardno will pay up to USD31 million for the purchase of MM&A. Around 10% of the purchase price is subject to attainment of performance targets over the next 12 months with an additional 9%of the purchase price deferred for 18 months. The acquisitions will be funded by an approximate mix of 91% cash and 9% shares. Around 284,000 shares will be issued at a price of $7.53. Shares to be issued as part of the deferred payment and earn-out will be based on the 10 day volume average weighted price at the time of payment. Full Article
Cardno Limited Acquires EM-Assist, Inc.
Cardno Limited announced the acquisition of EM-Assist, Inc. a 150-person environmental services and compliance management firm. The Company will pay up to USD 14.25 million for the purchase of EM-Assist. EM-Assist specializes in environmental management and compliance services, encompassing air quality, hazardous materials, hazardous waste and environmental restoration. The acquisition will be funded by an approximate mix of 97% cash and 3% shares. Around 48,000 shares will be issued at a price of AUD 7.53. Full Article
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