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Coal downturn helps Sedgman diversify, says Watson

COAL’S downturn has helped ensure Sedgman’s commodity and geographic diversification strategy is now irreversible and the company will not return to being so coal and Australia-centric when it expects coal to rebound late 2015 or 2016, its new boss says.

Anthony Barich
Coal downturn helps Sedgman diversify, says Watson

For the first time in its history, 51% of Sedgman’s order book is in non-coal projects, with about 35% of its business outside Australia, marking a distinct shift from only two years ago when 80% of its...

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