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%
News: MND Monadelphous Group Says Margins In H2 Expected To Be Significantly Challenged
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Last
$21.07 |
Change
-0.030(0.14%) |
Mkt cap ! $2.091B | |||
| Open | High | Low | Value | Volume |
| $21.10 | $21.23 | $20.86 | $3.499M | 166.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 846 | $21.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.12 | 276 | 4 |
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| Last trade - 16.10pm 08/09/2025 (20 minute delay) ? |
| MND (ASX) Chart |