APPENDIX 4E - PRELIMINARY FINAL REPORT

Name of Entity:

ABN or equivalent company reference:

49 123 052 728

Current reporting period:

year ended 31 December 2018

Previous reporting period:

year ended 31 December 2017

BOART LONGYEAR LIMITED

RESULTS FOR ANNOUNCEMENT TO THE MARKET

2018 2017

US$'000

US$'000

$ change

% change

Revenue from ordinary activities

770,167

739,063

31,104

4.2%

Net loss after tax attributable to members

(43,523)

(150,044)

106,521

71.0%

Brief explanation of any figures reported above:

Adjusted loss from ordinary activities after tax attributable to members and adjusted loss after tax attributable to members are non-IFRS measures and are used internally by management to assess the performance of the business and have been derived from the Company's financial statements by adding back significant items. Refer to Directors' Report for explanations.

Dividends per ordinary share paid or to be paid (US¢):

2018

2017

Interim dividend

0 cents

0 cents

Franked amount

0 cents

0 cents

Final dividend

0 cents

0 cents

Franked amount

0 cents

0 cents

No dividend had been determined for either of the years ended 31 December 2018 or 2017.

Total dividends for the years ended 31 December 2018 and 2017 were US$0 (nil) per share.

Net Tangible Assets per share (US$):

Current period:

$

(0.02)

Previous corresponding period:

$

(0.01)

Net tangible assets decrease resulted from a combination decreasing property, plant and equipment balances as assets depreciate, lower cash balances as well as increases in loans and borrowings during the year.

Control gained over entities having material effect:

N/A

Details of aggregate share of profits (losses) of associates and joint venture entities: N/A

Segment Information:

Please refer to the Annual Financial Report for the year ended 31 December 2018.

Compliance Statement:

The above information has been prepared based on accounts that have been audited.

SIGNED:

Robert M. Closner Company Secretary DATE: 26 February 2019

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Boart Longyear Limited published this content on 26 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 February 2019 23:27:04 UTC