Master Drilling Group Earnings Call Transcripts
Fiscal Year 2025
-
Record 2025 revenue rose 8% to $292M, with a $371M order book and nearly $1B pipeline. EBITDA margin fell to 19.6% due to once-off costs, but normalized profit before tax grew 14%. Strategic focus remains on technology, automation, and disciplined CapEx amid strong copper and gold demand.
-
Revenue rose 4.9% to $133M despite lower utilization, with strong margin gains in South America and Mexico. EBITDA margin was 21%, order book grew 10% to $305M, and major investments in automation and technology support future growth.
Fiscal Year 2024
-
Record revenue and EBITDA were achieved, driven by operational efficiency, technology innovation, and a strong order book. Safety performance requires improvement, but the business remains well positioned for 2025 with robust capital discipline and international expansion.