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An update from MLG Oz Ltd ( (AU:MLG) ) is now available.
MLG Oz Ltd reported a 15.5% increase in revenue to $548.3 million for FY2025, with a net profit after tax rising by 10.7% to $12.1 million. The company experienced a challenging first half due to transitional phases in its operations but saw significant improvement in the second half, driven by new contract wins and increased demand in crushing, screening, and haulage services. Key contracts with Westgold and Rio Tinto contributed to revenue growth and operational expansion, positioning MLG for continued growth and resilience into FY2026.
The most recent analyst rating on (AU:MLG) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on MLG Oz Ltd stock, see the AU:MLG Stock Forecast page.
More about MLG Oz Ltd
MLG Oz Ltd operates in the mining services industry, providing services such as crushing, screening, and haulage. The company focuses on operational discipline and asset productivity, aiming to strengthen its vertically integrated model and expand its client base.
Average Trading Volume: 112,428
Technical Sentiment Signal: Buy
Current Market Cap: A$123.9M
See more insights into MLG stock on TipRanks’ Stock Analysis page.