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Macmahon Holdings Limited ( (AU:MAH) ) has provided an announcement.
Macmahon Holdings Limited reported strong financial growth in the first half of 2025, with a 22% increase in revenue to $1.2 billion, driven by new work and the acquisition of Decmil. The integration of Decmil has been completed, contributing to a diversified revenue stream and improved earnings. The company achieved a higher operating cash flow and increased its order book with significant new projects. Despite a temporary increase in net debt and gearing due to the acquisition, Macmahon is on track to reduce these figures by the end of the fiscal year, reaffirming its financial guidance for FY25.
More about Macmahon Holdings Limited
Macmahon Holdings Limited operates in the mining services industry, providing a range of services including mining, civil construction, and underground mining. The company has a significant presence in Australia and Indonesia, focusing on delivering operational improvements and efficient project execution for its clients.
YTD Price Performance: -6.45%
Average Trading Volume: 73,250
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $433.8M
Learn more about MAH stock on TipRanks’ Stock Analysis page.
