Monadelphous results slip, profit falls to $82.6m

Company News

by Jessica Amir

Monadelphous Group (ASX:MND) has announced its profit before income tax fell to $82.6 million, for the full year to 30 June 2017 compared to $95.6 million in FY16.

The construction engineering company’s revenue fell almost $120,000 from FY16 to $1.2 billion in the 12 months to 30 June 2017.

Its earnings before interest and tax, depreciation and amortisation (EBITDA) also slipped on FY16, coming in at $98.2 million in FY17.

The company declared a final dividend of 30 cents per share fully franked in FY17. 

Monadelphous Group (ASX: MND) closed 1.7 per cent lower on Monday at $13.76.

 

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