Monadelphous's Year of Consolidation Expected by Investors
Dow Jones07:47
2347 GMT - Monadelphous expects a year of consolidation in FY 2027. The market expects it to have one, too. "MND referred to FY27 being a year of consolidation and being able to position for future growth," RBC Capital Markets says following the engineering company's FY 2026 results. That is in line with previous remarks by management, who at the 1H FY 2026 result said that delivering growth in FY 2027 would be challenging, says the broker. "Importantly, current FY27 consensus NPAT [net profit] expectations are A$129 million, flat versus today's FY26 print," it says. RBC has a sector perform rating and A$31.00 target on Monadelphous. Shares ended Monday at A$32.27.
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