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Mader Group Announces Record FY24 Results, Optimistic FY25 Outlook
Company Announcements

Mader Group Announces Record FY24 Results, Optimistic FY25 Outlook

Mader Group Ltd (AU:MAD) has released an update.

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Mader Group Limited has announced a significant financial performance for FY24 with record revenues of $774.5m, up 27% from the previous year, and a net profit after tax (NPAT) increase of 31% to $50.4m. Additionally, the company has declared a final dividend of 4.0 cents per share, with a 34% increase from FY23. Looking ahead, Mader Group is optimistic for FY25, projecting revenues of at least $870m and an NPAT of at least $57m, indicating continued growth and positive shareholder returns.

For further insights into AU:MAD stock, check out TipRanks’ Stock Analysis page.

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