Australia's Monadelphous Group climbs to 5-year high on upbeat HY results

Monadelphous

18/02/2025 01:20

** Shares of Monadelphous Group  MND.AX  rise as much as
7.7% to A$16.790, their highest levels since Feb 2020
    ** The engineering firm reports HY profit after tax
attributable of A$42.5 mln ($27.00 mln), up 41.3% from last
year's levels 
    ** Co beats profit after tax attributable consensus estimate
of A$34 mln and Jarden estimate of A$35.5 mln
    ** Co also declares interim dividend of 33 Australian cents
per share, compared with 25 Australian cents last year 
    ** Stock up 18.4% YTD, including current session's moves

   ($1 = 1.5743 Australian dollars)

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@thomsonreuters.com;))