Revenue ($m) 947.8, up 11.2pc from year-earlier 852.3
Pretax profit ($m) 39.24 v 42.21
Net profit ($m) 31.58 v 28.46
Interim dividend 24c v 22c, payable on March 26
Monadelphous has forecast a 10 per cent boost to sales over the full year due to demand for its engineering services from iron ore, lithium, gold and copper miners after interim net profits rose 11 per cent to $31.6 million.
The Perth-based engineering group, which builds and maintains resources, energy and infrastructure projects, said that while the global economic outlook remained uncertain because of the pandemic it expected to keep winning new contracts.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
