Sector 1
Mining-services contractors
AU$5M to AU$50M revenue. In Australia and overseas, wherever the sites are.
Tier-one client concentration, thin tender margins, labour-hire exposure and shutdown-cycle swings. Each is a strategy problem dressed as an operations problem, and none shows up in a generic manufacturing benchmark.
“Two clients are 60% of revenue and I cannot say no to either.”
“We are winning tenders and the margin still is not there.”
“Mobilisation eats the first three weeks of every shutdown.”