Monadelphous Group Ltd

MND: XASX (AUS)
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Monadelphous Earnings: Fiscal 2027 Outlook Disappoints After Two Booming Years

Engineering contractor Monadelphous reported a 52% increase in fiscal 2026 underlying net profit to AUD 127 million, driven by a 29% increase in revenue to AUD 2.8 billion. However, management expects little to no revenue growth in fiscal 2027, sending shares down 12%.

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