BUZZ-Australia's Monadelphous Group climbs to 5-year high on upbeat HY results

Reuters
02-18
BUZZ-Australia's Monadelphous Group climbs to 5-year high on upbeat HY results

** Shares of Monadelphous Group MND.AX rise as much as 7.7% to A$16.790, their highest levels since Feb 2020

** The engineering firm reports HY profit after tax attributable of A$42.5 mln ($27.00 mln), up 41.3% from last year's levels

** Co beats profit after tax attributable consensus estimate of A$34 mln and Jarden estimate of A$35.5 mln

** Co also declares interim dividend of 33 Australian cents per share, compared with 25 Australian cents last year

** Stock up 18.4% YTD, including current session's moves

($1 = 1.5743 Australian dollars)

(Reporting by Manasi Dasa Sundeep in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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