Australia's Monadelphous hits more than 12-year high on strong FY results

Monadelphous

19/08/2025 01:41

** Monadelphous MND.AX gains as much as 8.3% to A$21.94, highest since April 2013

** Stock marks biggest intraday pct gain since April 10; among top gainers on S&P/ASX 200 index .AXJO

** Engineering firm's FY NPAT jumps 34.6% y/y, driven by improved operating margins

** Annual revenue rises 12%, reflecting heightened construction activity during period

** MND last up 4.6%, taking YTD gains to 51.2%

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))