• Record revenue of $1.53 billion, up 46%
• Strong operating conditions across all sectors
• NPAT of $64.9 million, up 53%

Monadelphous Group Ltd has reported record half-year results for the first half of 2026, with revenue from contracts with customers increasing 46% to $1.53 billion and net profit after tax (NPAT) rising 53% to $64.9 million. The company experienced strong operating conditions across all sectors, with construction revenue up 67% and maintenance revenue up 32%. Monadelphous secured $1.4 billion in new contracts and extensions during the period, including major projects in the iron ore, energy, and renewable energy sectors. The company continued to focus on sustainability, with a strong emphasis on safety, diversity and inclusion, community engagement, and environmental initiatives. Looking ahead, Monadelphous is well-positioned to capitalize on the strong longer-term demand across the resources and energy sectors, particularly in the areas of energy transition metals, gas construction projects, and investment in energy generation, storage, and transmission infrastructure. The company forecasts FY26 revenue to be approximately 30% higher than FY25, with first-half operating margins maintained.

FY26 revenue currently forecast to be approximately 30% higher than FY25, with 1H26 operating margins maintained.

Strong longer-term demand across resources and energy sectors, with substantial opportunities in the energy transition metals sector, gas construction projects, and investment in energy generation, storage, and transmission infrastructure.