Australia's Monadelphous Group rises on contract wins
04/07/2025 03:34
** Monadelphous Group MND.AX rises 1.6% to A$17.475; set for strongest session since May 16 ** Construction firm secures new contracts in the energy sector worth more than A$100 mln ($65.7 mln) with France's Technip Energies TE.PA for multidisciplinary services in Western Australia ** Unit secures two-year extension to master goods agreement with power producer Origin Energy ORG.AX to continue supplying wellsite equipment for Australia Pacific LNG - Co ** YTD, MND gains ~25% ($1 = A$1.5230) (Reporting by Kumar Tanishk in Bengaluru) ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))
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