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Monadelphous Group Limited ( (AU:MND) ) has provided an announcement.
Monadelphous Group Limited reported a revenue of $1.051 billion for the half year ending December 2024, marking a 4.2% increase from the previous period. The company achieved significant growth in its net profit after tax (NPAT) by 41.3% and an earnings before interest, tax, depreciation, and amortization (EBITDA) increase of 30.2%. The company also secured approximately $1.7 billion in new contracts, reflecting strong prospects in the resources and energy sectors. With a strong cash balance and strategic focus on sustainable growth, Monadelphous is positioned to capitalize on future opportunities in its industry.
More about Monadelphous Group Limited
Monadelphous Group Limited is an engineering company that operates in the resources, energy, and renewable energy sectors. It provides services primarily in maintenance and industrial services, as well as engineering construction projects.
YTD Price Performance: 12.65%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €931.3M
For detailed information about MND stock, go to TipRanks’ Stock Analysis page.
