Macmahon Holdings Earnings Call Transcripts
Fiscal Year 2026
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Strong first half with 11% revenue growth and 10% EBITDA growth, driven by mining and civil infrastructure. Order book and tender pipeline remain robust, with reaffirmed FY 2026 guidance and increased dividend, supported by improved margins and capital discipline.
Fiscal Year 2025
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Record financial results, strong free cash flow, and a 43% dividend increase were reported. Leadership transition was announced, with a focus on growth, sustainability, and workforce well-being. Shareholder engagement and robust governance processes were highlighted.
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Record FY 2025 results with revenue of $2.4B and EBITDA of $171M, strong cash flow, and a growing $5.4B order book. Guidance for FY 2026 anticipates further revenue and earnings growth, with a focus on expanding underground and civil segments and achieving a 25% ROIC target.
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Revenue grew 22% to AUD 1.2 billion, with strong cash flow and improved ROACE following the Decmil acquisition. FY25 guidance is reaffirmed, supported by a robust order book and pipeline, while execution and weather remain key risks.
Fiscal Year 2024
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Record revenue and earnings were achieved, with a 40% increase in full-year dividends and a strong order book supporting positive FY25 guidance. Strategic acquisitions and capital-light growth initiatives were highlighted, while governance matters and shareholder questions, including on remuneration and AGM format, were addressed.
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Record FY 2024 results with revenue of AUD 2 billion and strong growth in underground and civil segments. Decmil acquisition accelerates diversification and positions for further growth, with FY 2025 guidance above prior year and robust order book supporting outlook.