Mader beats guidance

MAINTENANCE contractor Mader Group recorded June quarter revenue of A$118 million, up 21% quarter-on-quarter and 38% higher than the prior corresponding period, thanks to strong demand and further expansion of service offerings across multiple industries.

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Total revenue of $118.7 million comprised $99.5 million from Australian works, $16.9 million from North American works and $2.3 million from the rest of the world.