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icapital.biz / corporate news / INCITEC / Contract Expiry
It has been advised that with effect from expiry of its current contract with Roy Hill Iron Ore (Roy Hill) on 9 Feb 2018, it will cease to be Roy Hill’s contracted supplier of explosives products and services. The loss of the Roy Hill contract is estimated to have an impact on Net Profit After Tax of approximately A$5 mln in FY18, A$16 mln in FY19, A$22 mln in FY20, A$18 mln in FY21 and A$20 mln in FY22.