Monadelphous Group Limited advises there has been no significant impact to its Queensland operations caused by the floods at this stage.
The company’s regional operations and the majority of the contract sites in Queensland are operating without significant restrictions.
The support office in Brisbane has been temporarily closed with alternative arrangements in place to ensure business continuity.
As most of the company’s Queensland operations are in less-affected regions, the impact of the floods is not expected to be material to earnings.
The company will advise if there is any change to this situation.
[mappress]
Source: Monadelphous, January 14, 2011;