• Strong performance, strategic progress and emerging opportunities
• Secured record $2.3 billion of new work, with $570 million secured post year end
• Progressed energy transition strategy with acquisitions and new contracts

Monadelphous Group Ltd reported a strong performance in FY2025, with strategic progress and emerging opportunities. The company secured a record $2.3 billion of new work, with an additional $570 million secured post year end, across the energy, iron ore, and renewable energy sectors. Major wins included projects with BHP, Woodside, Chevron, and Talison Lithium. Monadelphous also progressed its energy transition strategy, with the Zenviron business performing well and the acquisition of High Energy Service strengthening its high voltage services capability. The company also expanded its service offering through the acquisition of Kerman Contracting. Monadelphous' workforce increased by 23% to around 9,100 employees. While safety performance was below expectations, the company implemented targeted improvement campaigns. Monadelphous exceeded its Indigenous engagement targets and its female employees were recognized by the industry. The company also progressed its Net Zero initiatives and supported customer decarbonization objectives. The outlook remains positive, with robust longer-term forecasts across resources and energy sectors, and strong pipelines of prospects from customer decarbonization activities and electrification of operations.

Monadelphous forecasts 1H26 revenue of approximately $1.5 billion and FY26 revenue to be up around 20 to 25 per cent, including the company's share of joint venture revenue.

Monadelphous sees robust longer-term forecasts across resources and energy sectors, with production rates expected to support continued investment in iron ore, a strengthening outlook for energy transition metals, and significant construction opportunities and sustained demand for maintenance services in the energy sector. The company also sees a strong pipeline of prospects from customer decarbonization activities and electrification of operations, as well as continued growth in the renewable energy market.