CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.96% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Australia's Monadelphous Group heads for best week in a year on upbeat outlook

By Reuters News13 hours ago Updated

** Shares of Australia's Monadelphous Group MND.AX fall 1.2% to A$33.83

** Stock has risen 18.9% so far this week, heading for best week since November 2025
** Co said on Tuesday it expected first-half FY27 revenue of about A$1.7 billion, up from A$1.53 billion a year earlier, and net profit after tax of A$80 million-A$85 million, up 23.3%-31% YoY

** Engineering firm last week said it had secured new contracts worth around A$150 million ($102.11 million) in resources sector, including a 4-year Rio Tinto RIO.AX maintenance contract and a contract with global miner BHP BHP.AX

** Stock up 27.5% YTD, including moves in current session

($1 = 1.4691 Australian dollars)

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