News 2013

Transfield Services secures A$240m in work

Friday, December 13, 2013

Transfield Services today has secured A$240 million in contracts across its Australian and New Zealand operations. These include:  Continue reading →

Transfield Services Investor Day presentation

Wednesday, December 11, 2013
PDF  Continue reading →

Barry O'Farrell launches Hi-Viz Kids safety program at Parklea Public School

Tuesday, November 05, 2013

On 28 October, the Honourable Barry O’Farrell, Premier of NSW, Minister for Western Sydney launched the Hi-Viz Kids™ safety program at Parklea Public School.

  Continue reading →

Transfield Services in the ‘pink’

Wednesday, October 30, 2013

The Transfield Services’ team working on the QGC contract at Ruby Jo, near Dalby, ‘got their pink on’ in October to raise money for the National Breast Cancer Foundation (NBCF).

  Continue reading →

Transfield Services Hi-Viz Kids™ safety initiative

Monday, October 28, 2013

Transfield Services has partnered with Harlequin School Bags and Transport for New South Wales to increase the safety for Australian school children. The program ‐ named Hi‐Viz Kids™ ‐ will increase the visibility of school children through the use of high visibility ergonomic school backpacks.   Continue reading →

Transfield Services continues company renewal

Friday, October 25, 2013

Transfield Services has announced an update on its process of renewal. The Company is holding its 2013 Annual General Meeting in Sydney today.   Continue reading →

Chairman and MD/CEO's AGM address

Friday, October 25, 2013

Chairman and MD/CEO’s address AGM 2013 Click to view PDF version  Continue reading →

Results of Annual General Meeting

Friday, October 25, 2013

Results of Annual General Meeting Click to view PDF version   Continue reading →

Transfield Services sells NZ joint venture share

Tuesday, October 22, 2013

Transfield Services announced today that it has sold its 50 per cent share in its Transfield Worley New Zealand joint venture to its existing partner Worley Parsons for $30 million.  Continue reading →

BAML conference presentation

Friday, October 18, 2013

BAML conference presentation Click here to view PDF version  Continue reading →

Transfield Services appoints new Non-Executive Director

Thursday, October 10, 2013

The Board of Transfield Services today announced that it has appointed Kathy Hirschfeld as an independent non-executive director.  Continue reading →

Transfield Services appoints new Non-Executive Director

Tuesday, October 01, 2013

The Board of Transfield Services today announced the appointment of Mr Dean Pritchard as a Non-Executive Director of Transfield Services, effective from 28 October 2013.  Continue reading →

CEDA 2013 Hunter Region Conference

Monday, September 30, 2013

At the Committee for Economic Development of Australia (CEDA) 2013 Hunter Region Conference, Matthew Watt, Transfield Services General Manager Infrastructure Marketing and Business Development, chaired a session on “Restructuring the Hunter – Transport delivery models and priorities”.   Continue reading →

Remaining payments to Transfield subcontractors to be made

Friday, September 06, 2013

Transfield Services announced today that it is implementing measures to make outstanding payment to its New Zealand subcontractors on the Ultra‐Fast Broadband project within the next two business days.   Continue reading →

Transfield Services Board elects new Chairman

Monday, September 02, 2013

The Board of Transfield Services announced today that it has elected independent non-executive Director Diane Smith Gander to become the new Chairman of the Board, succeeding outgoing Chairman Tony Shepherd.  Continue reading →

Transfield Services Annual results presentation

Wednesday, August 28, 2013
Transfield Services Annual results presentation  Continue reading →

Appendix 4E and Management discussion and analysis

Wednesday, August 28, 2013
Appendix 4E and Management discussion and analysis  Continue reading →

Full Year Statutory Accounts

Wednesday, August 28, 2013
Full Year Statutory Accounts  Continue reading →

Transfield Services meets NPAT guidance, beats net debt targets in annual result

Wednesday, August 28, 2013
  • Full year NPAT $62.5 million, pre amortisation and impairment charges, in line with guidance
  • Restructuring costs of $23.1million pre-tax have been absorbed in this result
  • Cash conversion of 121 per cent exceeds target, operating cash flow up 72 per cent year on year
  • Statutory NPAT loss of $250.0 million, includes $295.5 million of impairment charges
  • Gearing reduction progressing to plan, refinancing of debt maturity due in December 2013 completed
  • Good progress against strategic goals
  • Safety focus improved with 31 per cent reduction in Lost Time Injury Frequency Rate
  • Net debt to EBITDA significantly lower, falling from 2.8x at 31 Dec to 2.3x at 30 June
  • No final dividend due to focus on strengthening balance sheet
  •   Continue reading →

Transfield Services shared the 10 Million Challenge at the APPEA National Oil and Gas Safety Conference

Friday, August 09, 2013

Transfield Services’ global safety communications campaign – the 10 Million Challenge – strives to achieve 10 million hours without anyone sustaining a lost time injury.   Continue reading →

APPEA HSE conference

Monday, July 29, 2013

Transfield Services will present our company-wide campaign to improve safety - the 10 Million Challenge – at the APPEA National Oil and Gas Safety Conference, 5-7 August 2013.  Continue reading →

Transfield Services announces departure of CFO

Friday, July 26, 2013

Transfield Services announced today that its current Chief Financial Officer Tiernan O’Rourke will be leaving the Company, effective at the end of September to take up a role as Chief Financial Officer at diversified property group Stockland.

“Tiernan leaves with our best wishes,” said Managing Director and Chief Executive Officer Graeme Hunt.  Continue reading →

Transfield Services secures Sydney roads contracts

Thursday, July 11, 2013

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Transfield Services achieves 4.5 per cent Indigenous employment

Thursday, July 11, 2013

Indigenous employees now represent 4.5 per cent of Transfield Services’ Australian workforce – an increase from 3 per cent in 2010 and higher than the Company’s publicly stated goal of 4 per cent by April 2013.   Continue reading →

Easternwell commences FMG dewatering program

Tuesday, July 09, 2013

Easternwell has been awarded the Cloudbreak component of the Hydrogeological Borefield Drilling & Construction contract from Fortescue Metals Group (FMG) valued at $40 million. The agreement is for the supply of dual rotary drilling services as part of the dewatering drilling programme at FMG’s Cloudbreak mine in the Pilbara. The three year contract commences mid-2013 and will utilise existing Easternwell rigs.   Continue reading →

Transfield Services awarded A$366m contracts with NBN Co.

Wednesday, June 19, 2013

Transfield Services has been awarded two contracts with NBN Co in Victoria, including:   Continue reading →

Transfield Services appoints new Chief Financial Officer

Wednesday, June 12, 2013

Transfield Services today announced the appointment of Vincent Nicoletti to the position of Chief Financial Officer.   Continue reading →

Transfield Services secures A$157 million in new contracts

Wednesday, May 29, 2013

  Continue reading →

TWPS to operate and maintain new power station in the Pilbara

Tuesday, May 28, 2013

Transfield Worley Power Services (TWPS), the joint venture company between Transfield Services and WorleyParsons, has secured a seven year contract to operate and maintain BHP Billiton’s new 190MW combined cycle Yarnima power station near Newman in the Pilbara, WA.  Continue reading →

Easternwell awarded new Santos contract

Friday, May 24, 2013

Easternwell has secured a new $30 million contract with Santos for the supply of heavy workover services in the Cooper Basin. The two-year contract commences late 2013 and includes two one year extension options.   Continue reading →

Transfield Services earnings guide and market update

Tuesday, May 21, 2013

In keeping with past practice, Transfield Services has completed its quarterly review of the performance of the business.  Continue reading →

Transfield Services Investor Day presentation

Tuesday, May 21, 2013
Transfield Services Investor Day presentation  Continue reading →

Transfield Services awarded Defence contract

Friday, May 03, 2013

Transfield Services confirms it has been awarded a six year contract with the Department of Defence for the supply of Land Materiel Maintenance (LMM) Services, following the announcement of an early services agreement on 27 March 2013.   Continue reading →

Power and Giants go into battle for Transfield Services Shield

Friday, April 05, 2013

Port Adelaide and Greater Western Sydney Giants will tomorrow play for the Transfield Services Shield as part of the Toyota AFL Premiership Season. Tomorrow’s game will be the second battle for the shield but
the first in South Australia.   Continue reading →

Change of Joint Company Secretary for Transfield Services

Wednesday, March 27, 2013

In accordance with Listing Rule 3.16.1, effective 27 March 2013, Transfield Services Limited announces the appointment of Angelique Nesbitt as joint company secretary, supporting Chief Risk and Legal Officer/Company Secretary, Kate Munnings.   Continue reading →

Transfield Services preferred for Defence contract

Wednesday, March 27, 2013

Transfield Services has entered into an early services agreement with Defence for the supply of Land Materiel Maintenance (LMM) Services to support the Australian Defence Force. The new contract is expected to be awarded before 30 June 2013, offering an initial term of six years, with possible one-year extension options for a further five years.   Continue reading →

Transfield Services awarded $170 million contract with NBN Co

Tuesday, March 26, 2013

Transfield Services has been awarded a $170 million contract with NBN Co comprising Passive Fibre Network design and construction and Build Drops (house pre-connections) in metropolitan Sydney and south east Sydney, as part of Australia’s National Broadband Network.   Continue reading →

Transfield Services secures A$190 million maintenance contract

Tuesday, March 19, 2013

Transfield Services today announced it will continue its 15-year relationship with the Mornington Peninsula Shire in Victoria, Australia, in three expanded 10-year contracts providing sustainable infrastructure maintenance services for A$190 million.   Continue reading →

Transfield Services secures A$159 million in contracts

Tuesday, March 05, 2013

Transfield Services today announced it has secured A$159 million in contracts in its Infrastructure business in Australia. These include:  Continue reading →

Transfield Services' Half Year Accounts

Tuesday, February 26, 2013
Transfield Services' Half Year Accounts  Continue reading →

Half Year Statement

Tuesday, February 26, 2013

Half Year Statement click here to view PDF version  Continue reading →

Half Year Presentation

Tuesday, February 26, 2013
Half Year Presentation  Continue reading →

Transfield Services Market Update

Tuesday, February 19, 2013

In accordance with its continuous disclosure obligations, Transfield Services today announced the expected impairment of intangible and some tangible assets totalling $270 million to $285 million.   Continue reading →

Transfield Services signs contract with Department of Immigration and Citizenship

Tuesday, February 05, 2013

Following its announcement on 11 September 2012, Transfield Services has formalised its contract with the Department of Immigration and Citizenship to provide facilities management and operational services to the Regional Processing Centre in Nauru.  Continue reading →

Transfield Services announces a new joint venture with Balfour Beatty

Thursday, January 24, 2013

A new 50:50 joint venture (JV) between Transfield Services and Balfour Beatty has been formed to deliver roads maintenance services in Australia.  Continue reading →