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RCR Tomlinson Ltd (RCR.AX)

RCR.AX on Australia Stock Exchange

2.82AUD
26 Apr 2017
Change (% chg)

$0.05 (+1.81%)
Prev Close
$2.77
Open
$2.76
Day's High
$2.86
Day's Low
$2.75
Volume
250,295
Avg. Vol
359,396
52-wk High
$3.42
52-wk Low
$1.27

Latest Key Developments (Source: Significant Developments)

RCR Tomlinson secures $85 mln EPC contract
Sunday, 26 Mar 2017 06:50pm EDT 

RCR Tomlinson Ltd : RCR awarded $85 mln EPC contract for Manildra Solar Farm . Project will commence immediately, with construction scheduled to commence in June 2017; cometion is expected to in Q2 of 2018 . Awarded contract valued at about $85 million with Manildra Prop to design,construct utility solar farm located at Manildra in New South Wales . Sun Metals have approved contract variations for an additional 26mw capacity in relation to Sun Metals Solar Farm in Townsville, Queensland .RCR's EPC contract is now valued at over $200 million.  Full Article

RCR Tomlinson receives $80 mln contract for Gannawarra Solar Farm
Sunday, 12 Mar 2017 06:11pm EDT 

RCR Tomlinson Ltd : Asx alert-rcr awarded $80m contract for gannawarra solar farm-rcr.ax .Contract for engineering, procurement and construction and operation and maintenance for first phase of gannawarra solar farm.  Full Article

RCR Tomlinson updates on loan agreement with Commonwealth Bank Of Australia
Tuesday, 13 Dec 2016 09:20pm EST 

Rcr Tomlinson Ltd :Entered into new 3 year term for expanded syndicated banking facility of $286.25 mln arranged by Commonwealth Bank Of Australia.  Full Article

RCR Tomlinson says co awarded A$170 Mln in new contracts
Tuesday, 23 Aug 2016 02:27am EDT 

RCR Tomlinson Ltd : RCR awarded $170M in new contracts . Awarded a contract with visionstream Australia to supply hvac maintenance services to more than 40,000 facilities and network assets across Australia . Other wins include five year agreement with a major NSW utility provider, contract with Sydney water and rail and other contracts with bhp billiton .  Full Article

RCR Tomlinson bags contract for Rio Tinto's Silvergrass project
Monday, 15 Aug 2016 06:32pm EDT 

RCR Tomlinson Ltd : RCR wins major contract for Rio Tinto's Silvergrass project . Construction is expected to commence on site in Q4 of 2016, following Rio Tinto gaining the necessary government approvals . Says contract is valued over $120 million .  Full Article

RCR Tomlinson signs construction contracts with MMG Ltd
Monday, 30 May 2016 06:40pm EDT 

RCR Tomlinson Ltd : RCR awarded $108M in new construction contracts . Announces contract with MMG Limited for the construction of a processing plant at MMG's dugald river project .Announces contract with Rio Tinto for the construction and commissioning of Rio Tinto's cape lambert power station, valued at approximately $35 million..  Full Article

RCR Tomlinson says awarded over $130 mln in new contracts
Sunday, 8 May 2016 07:54pm EDT 

RCR Tomlinson Ltd : RCR awarded over $130M in new contracts Full Article

RCR Tomlinson exits coal services in cost out reorganisation
Sunday, 3 Apr 2016 05:34pm EDT 

RCR Tomlinson:RCR exits coal services in major cost out reorganisation.Says RCR expects FY 2016 underlying1 npat for continuing operations to remain materially consistent with current average consensus.RCR will close fourteen local and two international unprofitable businesses as part of a re-organisation.One-off non-recurring impact for closing the discontinued operations is currently expected to be approximately $35M for financial year.Discontinued operations had budgeted revenue of about $100M and therefore closures come with a reduction in revenue.RCR will be completing further reductions in fixed overhead.One-off cost for redundancies of approximately $7M this financial year with annualised cost saving of about $12M per annum.Other one-off non-recurring items will be around $2M in this financial year.  Full Article

RCR Tomlinson secures solar farm project
Sunday, 20 Mar 2016 07:43pm EDT 

RCR Tomlinson Ltd:RCR secures major solar farm project.Been awarded by Origin Energy an early contractor involvement.Contract to provide design and engineering expertise for origin's proposed large-scale solar farm located in Dalby.  Full Article

RCR Tomlinson issues contract wins and strategic update
Wednesday, 4 Nov 2015 05:49pm EST 

RCR Tomlinson:Contract wins and strategic update.Says won in excess of $100 million in project awards.Says infrastructure spend is expected to gain momentum in the second half of this financial year.Says RCR expects revenues to remain flat for the first half.RCR expects revenues to remain flat for the first half and earnings to be biased to the second half of the financial year.Expects earnings to be biased to the second half of the financial year.  Full Article

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