Monadelphous Group Limited (AU:MND) has released an update.
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Monadelphous Group Limited reported a robust financial performance for the fiscal year ending June 30, 2024, with revenues climbing 17% to $2.015 billion and profits after tax increasing by 16% to $62.203 million. Shareholders will benefit from a higher dividend payout, with the final dividend set at 33 cents per share and the total annual dividend reaching 58 cents per share, up from 49 cents the previous year. The company’s net tangible assets per share also saw a healthy increase, rising from 437.97 cents to 458.99 cents.
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