Appendix 4D Half Year Report

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Stock Monadelphous Group Ltd (MND.ASX)
Release Time 18 Feb 2025, 7:42 a.m.
Price Sensitive Yes
 Monadelphous Reports Strong Half-Year Results
Key Points
  • Revenue up 2.05% to $1,023,827,000
  • Profit after tax up 41.33% to $42,513,000
  • Interim dividend increased by 32% to 33 cents per share
Full Summary

Monadelphous Group Ltd, a leading engineering group, has released its Appendix 4D Half Year Report for the period ending 31 December 2024. The company has reported a strong financial performance, with revenue increasing by 2.05% to $1,023,827,000 and profit after tax attributable to members rising by 41.33% to $42,513,000. The company's net profit for the period also increased by 41.33% to $42,513,000. Monadelphous has declared an interim dividend of 33 cents per share, up 32% from the previous half-year's interim dividend of 25 cents per share. The dividend will be paid on 28 March 2025 to shareholders on the record date of 7 March 2025. The company's Dividend Reinvestment Plan (DRP) will apply to the interim dividend, with no discount on DRP shares. Monadelphous' net tangible assets per ordinary security increased from 445.18 cents per share in the previous half-year to 474.62 cents per share in the current half-year. Basic earnings per share rose from 31.15 cents to 43.30 cents, while diluted earnings per share increased from 30.67 cents to 42.93 cents. The company did not gain or lose control of any material entities during the half-year period.