Mader Group (ASX:MAD) is set to deliver another year of 15% or more profit growth in fiscal year 2026, following a strong performance last year, and continued earnings growth of 15-20% per annum over the next few years, as the company's North American operations begin to mirror the scale and maturity of its Australian business according to a Tuesday note from Euroz Hartleys.
Euroz believes that Mader's consistent earnings growth over the next three years would likely result in a higher share price.
The firm maintained the company's buy rating but raised its price target to AU$7.03 from AU$6.45.
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