Australia's Mader Group rises on strong quarterly results, reaffirmed guidance
27/04/2022 06:43
** Shares of maintenance services provider Mader Group Ltd
MAD.AX rise as much as 6% to A$3.01 - set to climb the most
since March 22, if gains hold
** Co says its third-quarter revenue rose 29% to A$988.1 mln
($709.95 mln), and EBITDA jumped 38% to A$11.6 mln urn:newsml:reuters.com:*:nASM00091F
** Reaffirms FY22 guidance of A$370 mln in revenue and NPAT
of A$24 mln
** Mader had risen 15% this year, as of last close
($1 = 1.3924 Australian dollars)
(Reporting by Anan Ashraf)
((Anan.Ashraf@thomsonreuters.com;))