Hopefully not the Titanic, what I really like is some semblance of a plan and their guidance and strategic actions report makes some common sense reading. The International Development result is interesting, I'm not sure a 0.6 Margin is worth the efforts and risk, I'd see that as an easy sell. I don't see Australian or US clients seeing that as a differentiation and they don't seem expansionist into new emerging markets. They will have to look for growth somewhere outside of Australia and there was a little hint of Global Excellence Centres, which means they are starting to think about their cost base.
A while ago I wasn't a fan of the blue collar workforce in Construction sciences but it seems that is an excellent strategy and congratulations to the management of that group. Consistent performers and delivering growth.
Anyways, I'm not in a rush and sooner or later they will be gobbled up.
News: CDD Cardno Gives FY19 EBITDA Guidance, page-6
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