CIMIC Group Ltd. - S&P Global Ratings’ Credit Research

CIMIC Group Ltd.

CIMIC Group Ltd. - S&P Global Ratings’ Credit Research
CIMIC Group Ltd.
Published Mar 04, 2024
16 pages (6656 words) — Published Mar 04, 2024
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Overview Key strengths Key risks Leading market positions in Australia's infrastructure construction, engineering, maintenance services, and contract mining sectors. Exposure to the cyclical engineering and construction industry. Moderate earnings visibility from long-term contracts and solid project pipeline bolstered by high renewal rates in the service businesses. Capacity to renew project pipeline to sustain work-In-hand in the face of variable market activity and competition. Construction market trend to lower risk, alliance-style contracts which improves profitability certainty for the group's construction business. Potential exposure to large working capital swings. The group, operating under a multi-brand structure, benefits from its leading position in Australia's construction, maintenance services, public private partnerships, and contract mining markets. The group is exposed to diverse end-markets, including road

  
Brief Excerpt:

...CIMIC Group Ltd.'s operating segment diversity, broad end-market exposure, and order backlog sustain its earnings and mitigate sector cyclicality. The group, operating under a multi-brand structure, benefits from its leading position in Australia's construction, maintenance services, public private partnerships, and contract mining markets. The group is exposed to diverse end-markets, including road and rail, water, defense, renewable energy, and...

  
Report Type:

Full Report

Ticker
LEI@AU
Issuer
GICS
Construction & Engineering (20103010)
Sector
Global Issuers, Structured Finance
Country
Region
Pacific
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "CIMIC Group Ltd." Mar 04, 2024. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/CIMIC-Group-Ltd-3134159>
  
APA:
S&P Global Ratings’ Credit Research. (). CIMIC Group Ltd. Mar 04, 2024. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/CIMIC-Group-Ltd-3134159>
  
US$ 500.00
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