Two Perth engineering executives have purchased a Centrelink building in Victoria Park for $8.75 million, the first sale for the property since its construction 30 years ago.
The Italian migrant played a key role in building United Construction and Monadelphous into two of Australia's most successful engineering and construction contractors.
The new leadership at Monadelphous Group has outlined a targeted approach to new work while acknowledging delays in contract awards will lead to a fall in first-half revenue.
Our board moves wrap includes Mark Connelly, Richard Monti, Terry Wheeler, Graham Arvidson, Samantha Hogg, Peter Bradford, Matt Dusci, Rob Velletri, John Rubino, Zoran Bebic, and Peter Dempsey.
Monadelphous has announced four major changes to its leadership, most notably the retirement of chairman John Rubino, bringing to an end his 30-year partnership with Rob Velletri.
Monadelphous has lifted profits by 11 per cent following a busy pipeline of work throughout the year, but says an acute skilled labour shortage is constraining operations.
Shares in Monadelphous Group fell sharply today as the market looked past its strong FY21 profit and focused on the patchy outlook and “unprecedented” labour shortages.
Engineering group Monadelphous has reported a rise in revenue for fiscal 2020, despite saying its second-half performance was significantly affected by COVID-19.
Engineering contractor Monadelphous has disclosed multiple problems across its operations, with supply chain issues causing delays on large projects, and contract disputes and low profits forcing a restructure of its water infrastructure business.
Woodside Petroleum has cut the number of people working at its Karratha gas plant, with the decision flowing through to hundreds of contractors at companies such as Monadelphous and UGL.
Engineering and construction contractor Monadelphous no longer expects its revenue to grow by 10 per cent this financial year, saying the economic slowdown and uncertain outlook meant it was unable
Engineering and construction company Monadelphous has reported an accident at its workshop services facility in Kalgoorlie resulting in the death of one of its employees.
Contractors Monadelphous and Emeco Holdings enjoyed solid share price gains today after reporting their interim results, with Emeco posting higher profits and improved margins while Monadelphous forecast a 10 per cent increase in revenue for the full financial year after a soft first-half.
Rio Tinto has awarded Perth-based engineering company Mondium with a $400 million contract for works at the Western Turner Syncline phase two mine, located in the Pilbara.
Engineering company Monadelphous has secured a five-year, $100 million contract for maintenance work across Rio Tinto's iron ore mines in Western Australia.
Engineering company Monadelphous has entered the Chilean market with the acquisition of two jointly-owned mining services providers, Buildtek and Maqrent.
The number of long-serving chief executives at WA listed companies is shrinking rapidly. We look at recent retirements by several 'veteran' CEOs and a small group of individuals who have lasted more than 10 years.
Engineering and construction contractor Monadelphous has announced a major contract with lithium producer Albemarle, on the same day the group expressed caution about its outlook following a decline in earnings last financial year.
Monadelphous has announced about $150 million of new contracts in Western Australia and Queensland, less than a week after it won a big contract on Rio Tinto's West Angelas iron ore mine in the Pilbara.
Monadelphous has won a second contract for BHP Group's South Flank iron ore project, just over a month after it secured an $108 million contract at the site.
Monadelphous has secured a $108 million contract on BHP Group's South Flank project, while Clough has won its second contract on the same development. The two contracts will create 700 jobs at South Flank, the largest project underway in WA.
SPECIAL REPORT: There has been a notable reduction in the number of high-earning executives in WA, though some individuals do well year after year, research by Business News has found.
ANNIVERSARY SPECIAL: The ranks of WA's largest public companies have changed dramatically over the past two decades, but Wesfarmers has been a constant near the top. This article is part of a special series to mark Business News' 25-year anniversary.
Monadelphous is one of three contractors to have been appointed to a panel for $450 million of water projects in regional NSW, and has secured its first contract under the program.
SPECIAL REPORT: The five WA people with the largest holdings in listed companies have earned around $1.5 billion in dividends in the past five years, with Andrew Forrest and Kerry Stokes leading the way. Click through for our list of 50 directors and investors with holdings worth more than $11 billion between them.
Engineering and construction contractor Monadelphous Group has painted a positive outlook after tough trading conditions in recent years, with the company tipping strong revenue growth in the current financial year.
Perth-based Monadelphous Group has won a suite of new contracts and extensions for maintenance and construction work around Australia and internationally, to the tune of $220 million.
Monadelphous Group has won a contract to complete cryogenic tanks at the Ichthys LNG project in Darwin – the same job that Laing O'Rourke walked away from in March.
Engineering company Monadelphous Group has been awarded a contract to provide offshore maintenance services to the Ichthys LNG project by oil and gas company INPEX.
Perth-based Monadelphous Group has received a number of contracts with multiple clients including Fortescue Metals Group, BHP Billiton and Chevron, with the work worth a combined $120 million.
