John Holland takes 'significant' write-down on West Gate Tunnel - The Australian Financial Review

The contractor delivered an annual net profit of $29m but earnings were crimped by a financial settlement on Transurban’s Melbourne tollroad project.

John Holland said it had taken a significant write-down in the 12 months to December to reflect its current forecast margin position on the West Gate Tunnel after the commercial settlement, and that … [+1826 chars]

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