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MAD Mader News Story

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IndustrialsBalancedMid CapHigh Flyer

Australia's Mader Group at record high on FY23 forecast, results

** Shares of Australia's Mader Group Ltd  MAD.AX  rise as
much as 9% to hit record high of A$3.4
    ** Maintenance service provider says FY22 profit from
ordinary activities after tax attributable up by 44% to A$27.9
mln  ($19.23 mln)  urn:newsml:reuters.com:*:nASXRxsm8
    ** Declares final dividend of 2 Au cents per share 
    ** Co expects FY23 revenue to be at least A$510 mln and Net
profit After Tax of at least A$33 mln
    ** Stock on track to see best day since May 31 if gains hold
    ** Shares trading up 26.3% YTD as of last close  
($1 = 1.4507 Australian dollars)

 (Reporting by Nausheen Thusoo)
 ((Nausheen.Thusoo@thomsonreuters.com;))

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