METS

Macmahon boosts profits and order book

CONTRACTOR Macmahon Holdings has reported a higher profit and strong outlook amid A$600 million in contract extensions.

Macmahon CEO Michael Finnegan

Macmahon CEO Michael Finnegan

The company's statutory net profit after tax rose 19% to $77.2 million from a 2% drop in revenue to $1.35 billion. EBITDA rose 5% to $249.9 million at a margin of 18.5%, while underlying EBIT was up...

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