Monadelphous Group ASX:MND
• 14% NPAT decrease to $57.6m
• 7.3% year-on-year revenue decrease to $1.26bn
• Net cash of $228.1m
• Work-in-hand of $1.8bn
Monadelphous’ engineering and construction division reported sales of $615.4m during FY17.
It was recently awarded contracts at FMG’s Solomon Hub, BHP’s Olympic Dam, and a range of offshore and onshore oil and gas projects in Australia and abroad.