MND monadelphous group limited

News: MND Monadelphous Group Says Margins In H2 Expected To Be Significantly Challenged

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    May 1 (Reuters) - Monadelphous Group Ltd (MND) :

    • ENGINEERING CONSTRUCTION DIVISION EXPERIENCED SUPPLY CHAIN ISSUES CAUSING DELAYS ON LARGE RESOURCES CONSTRUCTION PROJECTS
    • REMAINS UNABLE TO PROVIDE DEFINITIVE REVENUE GUIDANCE FOR FY ENDED 30 JUNE
    • WILL MAKE PROVISION OF $14 MILLION BEFORE TAX FOR YEAR FOR PROJECT UNDERPERFORMANCE AND RESTRUCTURING COSTS.
    • SHOULD ACTIVITY LEVELS CO IS CURRENTLY EXPERIENCING CONTINUE TO END OF FY, REVENUE WOULD BE SIMILAR TO THAT OF LAST YEAR
    • EXPERIENCED MATERIAL REDUCTION IN ACTIVITY LEVELS, PARTICULARLY IN FLY IN FLY OUT OPERATIONS
    • MARGINS IN SECOND HALF OF FINANCIAL YEAR EXPECTED TO BE SIGNIFICANTLY CHALLENGED DUE TO DISRUPTION IN OPERATIONS
    • CHAIRMAN, MANAGING DIRECTOR & NON-EXECUTIVE DIRECTORS AGREED TO A 30% REDUCTION IN SALARY AND FEES FOR NEXT SIX MONTHS
    • DECIDED TO DISCONTINUE WATER INFRASTRUCTURE BUSINESS OPERATIONS IN NEW ZEALAND
    • EXECUTIVE, GENERAL MANAGEMENT TEAMS AGREED TO SALARY REDUCTIONS FOR SIX MONTHS OF BETWEEN 10%-20%
 
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(20min delay)
Last
$19.72
Change
-0.670(3.29%)
Mkt cap ! $1.957B
Open High Low Value Volume
$19.98 $19.98 $19.52 $5.518M 279.0K

Buyers (Bids)

No. Vol. Price($)
1 42 $19.69
 

Sellers (Offers)

Price($) Vol. No.
$19.77 723 2
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Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
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