Mader Group has reported a solid rise in half-year profit on the back of a 10 per cent lift in revenue, with its Australian operations offsetting a fall in overseas revenue.
Perth contractor Mader Group reported a revenue record in the first half of the financial year, delivering a 34 per cent increase to $374.4 million off significant US business growth.
Industrial services firm Mader Group has smashed through its market guidance with a record $172.9 million June quarter revenue across its global operations to end the financial year.
Mader shares were boosted on the back of a half-yearly update that observed a $44 million uptick in revenues as the heavy equipment and services provider works to build its international presence.
Mader Group has largely avoided the labour shortage issues hitting other mining services companies, reporting strong growth in earnings and forecasting more growth this year.
Our weekly appointments wrap includes Rebecca Mitchell, Justin Nuich, Patrick Conway, Jody Nunn, Julia Holt, Patricia Todd, Michael Van Dongen, David Crothers, and Kristie Young.
