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Lycopodium profit in line with expectations

ENGINEERING consultancy Lycopodium has reported a half-year net profit after tax of $A4.2 million in line with its guidance, and has been awarded a contract with Canada’s First Quantum Minerals for the restart of the Ravensthorpe nickel project.

Kristie Batten
Lycopodium profit in line with expectations

NPAT was down from $8 million in the same period of 2008. Revenue for the six months to December 31, 2009, was $52.2 million, down from $84.8 million. Forecast revenue for the full 2010 financial...

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