Monadelphous Group Limited (ASX:MND) has posted a record full year net profit of $95.1 million, growing 14 per cent from the year before.
The engineering company achieved the result on the back of increased revenues from all of its key markets, resources, energy and infrastructure.
In fiscal 2011 total sales gained 13 per cent to a record $1.44 billion. EBITDA rose 18.5 per cent to $153 million.
Looking ahead Monadelphous expects to secure more new contracts in the first half of fiscal 2012 which it believes will underpin strong ongoing revenue flows.
A fully franked final dividend of 55 cents per share has been declared, taking the full year payout to 95 cents per share, fully franked.
