News Articles for Scott Criddle

Decmil Group has settled a dispute with New Zealand's prisons department in relation to a previous $NZ185 million contract that was terminated.

Contractor Decmil has received some rare good news, with a subsidiary being named as the preferred proponent for the $175 million Albany Ring Road.

Scott Criddle will be stepping down as executive director of Decmil Group at the end of July. His resignation is the first part of a planned renewal of the company's board.

Decmil has appointed current executive director Dickie Dique as chief executive, replacing Scott Criddle who will remain with the company as an executive director.

Engineering and construction company Decmil has replaced Scott Criddle as chief executive, amid a $29 million write-down of its Homeground Gladstone accommodation village in Queensland and the launch of a $40 million capital raising.

Decmil has confirmed its involvement in the state government's Bayswater Station upgrade as a sub-contractor while also locking in works with Queensland's Department of Transport, sending its shares up by more than 60 per cent.

Decmil has announced the closure of its New Zealand subsidiary, citing major losses following the termination of a NZ$185 million contract with the country's prisons department.

Perth-based contractor Decmil has disclosed it will make a provision of between $50 million and $60 million to cover money that is unpaid under its terminated contract with New Zealand's corrections department, resulting in a loss for the half-year to December 2019.

Perth-based contractor Decmil has disclosed that its $185 million contract with New Zealand's prisons department has ended early, with the client halting payments and seeking to apply liquidated damages.

A small number of ASX-listed Perth companies are following the example of Rupert Murdoch and Kerry Stokes, with second-generation family members taking over.

Decmil Group has been awarded a $105 million contract by Major Road Projects Victoria for Stage 2 of the Plenty Road Upgrade project.

Decmil and joint venture partner McConnell Dowell have been announced as the preferred tenderer for the Mordialloc Freeway project in Victoria.

Decmil Group has finalised a $277 million contract with Chinese group Maoneng to build a 255-megawatt solar farm in NSW, eight months after signing a memorandum of understanding for the project.

Osborne Park-based Decmil Group has won a $150 million contract extension to provide upstream services in the Queensland coal seam gas space.

SPECIAL REPORT: Contractors are buoyant despite the twin challenges of uncertainty around infrastructure spending and an employment market tipped to tighten.

Decmil Group has launched a major board restructure that includes the retirement of company founder Denis Criddle, as it posted an interim loss but pointed to strong revenue growth in the coming year.

Decmil Group is well placed to secure a $275 million engineering contract for Chinese group Maoneng's 250-megawatt Sunraysia solar project in NSW, after signing a memorandum of understanding to complete early designs for the project.

Osborne Park-based Decmil Group has won a $75 million contract with BHP Billiton to upgrade and expand accommodation for the miner's existing operations and its planned South Flank iron ore project near Newman.

Decmil Group has been earmarked for a $NZ60 million ($A56 million) construction contract for work at two prison sites in New Zealand.

Decmil Group has entered into a joint venture agreement with US-based SolarReserve for the construction of a 70-megawatt solar photovoltaic plant in NSW.

Decmil Group has substantially cut its revenue forecasts for the current financial year due to delays in recent contract wins, while suffering further losses at a Victorian construction project.

Business News sat down to lunch at Julio's with the CEO and managing director of Decmil Group, Scott Criddle, who says building relationships is an important part of his role.

SPECIAL REPORT: The median base pay of newly appointed chief executives at listed Perth companies fell this year to $295,000, a survey by Business News has found.

Macmahon Holdings has unveiled the remuneration package for new chief executive Michael Finnegan, adding to a trend in the contracting sector for lower base salaries but greater potential for bonuses.

Decmil Group and Global Construction Services have swung into the red on the back of large write-downs and restructuring costs, but both are upbeat on the year ahead.

Perth-based Decmil Group has won another contract to build a school in New Zealand.

Decmil Group has lowered its revenue guidance after announcing a number of one-off costs relating to the closure of one of its local business divisions, coupled with delays to a project and further restructuring, as it seeks to direct its business away from the resources sector.

Shares in Decmil Group tumbled 18 per cent today after the contractor posted a big half-year loss, cut its dividend, and indicated more restructuring was needed.

Decmil Group has expanded its business with the acquisition of Melbourne-based civil engineering company Cut & Fill Pty Ltd for $9.5 million.

Perth-based Decmil Group has won a contract to provide temporary accommodation for ConocoPhillips workers at the Australia Pacific LNG facility on Curtis Island for an undisclosed sum.

Decmil Group has continued to diversify its business from the struggling resources sector by acquiring Osborne Park-based telecommunications solutions provider SC Services.

Decmil Group founder and director Denis Criddle has spent another $500,000 buying shares in the contracting company, adding to a string of big trades by company directors includng his son Scott Criddle, Chris Ellison, John Rothwell and Enzo Gullotti over the past month, according to BNiQ data.

Perth-based contractor Decmil Group has outperformed most of its peers, reporting a relatively small dip in profit after lifting revenue to record levels, while Southern Cross Electrical Engineering has slumped to a loss after restructurng the business on the back of challenging conditions in the resources sector.

Contractors pursuing new infrastructure projects are continuing to diversify across industry sectors and geographies in response to continued weakness in mining-related work.

The federal government has awarded $57 million in defence contracts to Perth-based company Decmil Group.

Engineering and construction firm Decmil Group has been selected to build a school in Christchurch for the New Zealand Ministry of Education.

Former Thiess executive Ric Buratto has been recruited by Decmil Group for a newly created role as chief executive, construction and engineering.

Construction and contracting firm Decmil Group has added a $27.3 million fuel terminal expansion deal to its order book, with the works to be undertaken at the Port of Hastings in Victoria.

Decmil Group has won about $40 million worth of work at Hancock Prospecting's Roy Hill iron ore project in the Pilbara, building on its portfolio of port, rail and fuel infrastructure work already under way at the site.

Engineering and construction contractor Decmil Group has posted a 4.9 per cent fall in first-half profit to $24.3 million as a result of lower construction margins in the tough market.