Australia’s Mondadelphous Group has reported “abnormal growth” during the latest financial year, posting a 24.1% rise in underlying net profit after tax of A$156.3 million (US$141.7 million).
The engineering company said sales revenue hit a record A$2.6 billion during the 2013 Australian financial year (ended 30 June), compared to A$1.9 billion for the previous year.
In addition, underlying earnings before interest, tax, depreciation and amortisation grew by more than a quarter to A$247 million.
Monadelphous
