• Revenue increased 18% to $485.2m, with strong growth across all regions
• NPAT increased 17% to $30.5m, reflecting consistent 1H vs 2H performance
• Net debt reduced by 57% to $3.6m, accelerating pathway to net cash position

Mader Group Limited (ASX: MAD), a leading global provider of specialist technical services, has reported another record half-year revenue of $485.2m for 1H FY26, an 18% increase versus the prior corresponding period (PCP). The company's NPAT of $30.5m was also up 17% versus PCP, reflecting consistent 1H versus 2H ratios as per previous financial years. The Australian segment continued to expand its revenue base, increasing by 19% versus PCP, with new service line offerings gaining momentum. The North American segment delivered 13% revenue growth, supported by increased demand, an expanded customer base, and the deployment of the Group's Global Pathways Initiative. The Rest of World segment's revenue increased by 36% versus PCP, with ongoing support delivered to customers across six countries in Asia, Oceania and Africa, and the commencement of work in New Zealand. The Group's net debt position closed at $3.6m, a 57% decrease from 30 June 2025, as business operations increased free cash flow and capital intensity continued to reduce. The Group has accelerated its pathway to a net cash position by deferring the 1H FY26 interim dividend, strengthening liquidity to support a more aggressive approach to organic and inorganic growth opportunities.

Mader Group reaffirms FY26 revenue guidance of at least $1 billion, delivering at least $65 million of NPAT.

The outlook for all segments for 2H FY26 and FY27 is increasingly positive. The Group remains on track to achieve the growth targets outlined in its five-year strategic plan, which ends in FY26.