Shares in Monadelphous are rallying after the engineering firm advised its anticipating a stronger full-year revenue result on bumper demand, while also booking extra work with BHP and Rio Tinto.
Listed contractors Monadelphous, Macmahon, and SRG have reported bullish full-year results, buoyed by multi-billion-dollar pipelines and key contract extensions.
Days after announcing a series of strong half-year results, engineering firm Monadelphous has secured a series of new contracts, valued at around $400 million.
Engineering company Monadelphous Group has announced its net profit after tax for the first half of the 2025 financial year is likely to be higher than consensus predictions.
Monadelphous has secured a series of new maintenance and construction contracts worth around $230 million - including two contracts on Perdaman's urea project in the Pilbara.
Engineering company Monadelphous has bolstered its work pipeline with a $200 million contract to enable Woodside to process gas from its $18 billion Scarborough redevelopment.
Engineering and construction contractor Monadelphous has unveiled the largest crane to join its fleet and named it in honour of its former chairman John Rubino.
Monadelphous will pocket an additional $75 million per annum for work on Inpex's Ichthys LNG operations, adding to its long-term agreement with oil and gas player.
Takeover target Liontown Resources has awarded its final major construction contract for its Kathleen Valley lithium project after engaging Monadelphous Group.
The long-standing Western Australian contractor books a higher profit while anticipating projects in commodities both old and new will continue to provide a significant pipeline of prospects.
Monadelphous has been contracted for $200 million worth of construction work on Albemarle's billion-dollar Kemerton lithium hydroxide plant expansion in WA's South West.
Monadelphous has expanded its recruitment efforts overseas as the company continues to grapple with its “biggest challenge” of industry-wide staff shortages.
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 chief financial officer Zoran Bebic (pictured) has been appointed executive general manager of the company's maintenance and industrial services division, following the retirement of t