According to the company's half year results the outlook in the...

According to the company's half year results the outlook in the 2nd half looks strong. Doubt the dividends are suspended this year based on their outlook.

Outlook •Trading conditions remain challenging but second half expected to be stronger •Workforce Services: overall activity levels appear to have stabilised and benefiting from supplier consolidation; however continued price pressure in mining impacting margins •Technical Professionals: reduced activity in mining and related engineering services, primarily in Swan; Telecommunications expected to strengthen •Engineering & Marine Services: activity levels improving in maintenance services and oil and gas, with growth expected from: •increased activity levels & visible pipeline in oil & gas in the second half; Saipem vessel mobilisation delayed to end FY14 •Broadsword - additional vessel and opportunity to change the mix of chartered / owned vessels •initial contribution from T & C Services acquisition •Cost reduction program expected to deliver ~$15 million in FY14 from initiatives already underway •Well positioned for longer term benefit from: •any improvement in economic activity and expansion in mining volumes •full contribution from the Saipem contract, Broadsword and T&C Services; while the OMSA JV is expected to reduce from peak levels in line with activity on the Gorgon project •ongoing strategy implementation supporting further cost reduction •a strong balance sheet to support dividends and investment in future growth