tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Monadelphous Projects Strong Revenue Growth Amid Expanding Capabilities

Story Highlights
Monadelphous Projects Strong Revenue Growth Amid Expanding Capabilities

Meet Your ETF AI Analyst

Monadelphous Group Limited ( (AU:MND) ) just unveiled an announcement.

Monadelphous Group Limited has announced a positive revenue guidance for the half year ending December 31, 2025, driven by strong operating conditions and elevated activity levels across its business. The company has secured a record level of work and anticipates approximately $1.5 billion in revenue for the half year, with full-year revenue expected to increase by 20 to 25 percent compared to the previous year. The recent acquisition of Kerman Contracting has expanded Monadelphous’ capabilities in non-process infrastructure design and construction services, enhancing its market positioning. The company has secured over $570 million in new contracts since the start of the financial year and expects further contract awards in the coming months.

The most recent analyst rating on (AU:MND) stock is a Buy with a A$23.60 price target. To see the full list of analyst forecasts on Monadelphous Group Limited stock, see the AU:MND Stock Forecast page.

More about Monadelphous Group Limited

Monadelphous Group Limited is a leading Australian engineering group with over 50 years of experience, providing construction, maintenance, and industrial services primarily to the resources, energy, and infrastructure sectors. The company operates through two main divisions: Engineering Construction, which offers large-scale multidisciplinary project management and construction services, and Maintenance and Industrial Services, which focuses on mechanical and electrical maintenance services, shutdowns, and sustaining capital works. Headquartered in Perth, Western Australia, Monadelphous has a significant presence across Australia and internationally in China, Mongolia, Papua New Guinea, Vietnam, and the Philippines.

YTD Price Performance: 67.37%

Average Trading Volume: 228,212

Technical Sentiment Signal: Buy

Current Market Cap: A$2.25B

See more insights into MND stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1