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Mader Group Limited (ASX:MAD)

ALERT: Price-sensitive ASX Announcement for MAD
Current share price for MAD : $7.460 1.28 (20.71%)+
Announcement
Release
25 Feb 2025 8:44AM
Price at Release
$6.180
Full Release
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Summary
Mader Group Limited reported a record half-year revenue of $411.5 million for 1H FY25, marking a 10% increase from the previous corresponding period. The growth was driven by an 18% revenue increase in Australia, despite a 15% decline in North America. The company's EBITDA rose by 6% to $51.5 million, maintaining a stable margin of 13%. Net profit after tax (NPAT) grew by 7% to $26.0 million, equating to 46% of the FY25 NPAT guidance. Mader also declared an interim fully franked dividend of 4.0 cents per share, a 5% increase compared to the prior year. The outlook for the remainder of FY25 remains positive as operational stability returns in Australia and headcount growth continues in North America.
Key Points
  • Mader Group achieved record half-year revenue of $411.5 million, a 10% increase from the previous year.
  • Australian revenue increased by 18% to $323.9 million.
  • North American revenue decreased by 15% to $79.8 million.
  • EBITDA rose by 6% to $51.5 million with a stable margin of 13%.
  • NPAT increased by 7% to $26.0 million, representing 46% of FY25 NPAT guidance.
  • An interim fully franked dividend of 4.0 cents per share was declared, up 5% from the prior year.
  • Outlook for 2H FY25 is positive with stabilizing operations in Australia and continued growth in North America.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.