Stock Pick

  • Monadelphous posts record FY26 profit and dividend, buoyed by growth

    Cheerful businessman with a mining hat on the table sitting back with his arms behind his head while looking at his laptop's screen.

    The Monadelphous Group Ltd (ASX: MND) share price has been in focus after the company posted record revenue of $2.98 billion, up 31.5% from last year, and net profit after tax climbed 52.1% to $127.3 million.

    What did Monadelphous report?

    • Revenue rose 31.5% to a record $2.98 billion (including joint ventures)
    • Net profit after tax surged 52.1% to $127.3 million
    • EBITDA increased 42.9% to $226.0 million, with a margin of 7.6%
    • Earnings per share grew 50.1% to 127.6 cents
    • Full year fully franked dividend of 108 cents, up 50%
    • Secured over $2.7 billion in new contracts and extensions since July 2025

    What else do investors need to know?

    Monadelphous’ Engineering Construction division delivered revenue of $1.37 billion, a 48.5% increase, spurred by strong iron ore sector activity and integrated services projects. Its Maintenance and Industrial Services arm also hit a record $1.61 billion, up 20%, benefiting from ongoing energy sector work and robust maintenance demand with iron ore customers.

    The company made several strategic acquisitions, including Kerman Contracting, Australian Power Industry Partners, and High Energy Service, broadening its service capability across non-process infrastructure and high-voltage electrical services. With more than $680 million in new contracts secured since July 2026, Monadelphous enters the new financial year with a strong committed work pipeline.

    What did Monadelphous management say?

    Managing Director Zoran Bebic commented:

    The long-term outlook for the resources and energy sector remains strong. Investment is expected in both new resource projects and existing operations, with multiple gas construction projects and sustained demand for maintenance services presenting opportunities in the energy sector.

    Increasing demand, coupled with Australia’s energy transition, is driving long-term investment in energy generation, storage, and transmission infrastructure, with Monadelphous well positioned to capitalise on these opportunities by leveraging its broadening services capability.

    What’s next for Monadelphous?

    Looking forward, Monadelphous expects continued strong activity in the resources and energy sectors, underpinned by a robust project pipeline and significant investment in energy transition opportunities. The company plans to focus on consolidating its expanded business in FY27, following a period of substantial growth, while maintaining flexibility for further strategic growth moves.

    Management says its strengthened balance sheet and enhanced delivery capability, including recent acquisitions, position Monadelphous well for long-term sustainable growth and value delivery for shareholders.

    Monadelphous share price snapshot

    The Monadelphous share price has smashed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a gain of over 50%.

    View Original Announcement

    The post Monadelphous posts record FY26 profit and dividend, buoyed by growth appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Monadelphous Group right now?

    Before you buy Monadelphous Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Monadelphous Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See the 5 Stocks

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • AUB Group FY26 results: record underlying profit and higher dividend

    Business people discussing project on digital tablet.

    The AUB Group Ltd (ASX: AUB) share price is in focus today after the company delivered record underlying NPAT of $224.6 million for FY26, up 12% from the prior year, and lifted its fully franked final dividend to 71 cents per share.

    What did AUB Group report?

    • Underlying NPAT rose to $224.6 million (FY25: $200.2 million).
    • Reported NPAT was $96.0 million, down from $180.1 million a year earlier.
    • Underlying earnings per share increased to 183.69 cents (FY25: 171.75 cents).
    • Fully franked final dividend of 71.0 cents per share declared (FY25: 66.0 cps), bringing total FY26 dividend to 98.0 cents, up 7.7%.
    • Strong underlying profit growth in International (+19.6%), Australian Broking (+10.0%), and BizCover (+19.9%) business segments.
    • Leverage ratio of 2.30x, with $330.5 million in accessible cash and debt facilities at 30 June 2026.

    What else do investors need to know?

    AUB Group saw solid organic growth across most segments, with International, Australian Broking, and BizCover leading the improvements. New Zealand Broking’s earnings declined slightly in Australian dollar terms due to currency movements and competitive pressures, despite a modest lift in local currency profit.

    The company completed the acquisition of Prestige in the International division, helping lift its international EBIT margin. Agencies achieved organic growth in gross written premium, though performance was tempered in the strata insurance market. The dividend reinvestment plan remains suspended.

    What did AUB Group management say?

    AUB Group CEO and Managing Director, Michael Emmett, said:

    AUB Group begins FY27 with greater scale, a stronger portfolio and clear opportunities to lift returns for shareholders. In FY26, we delivered record earnings and higher margins, despite moderating insurance markets, while continuing to invest for long-term growth.

    This performance reflected the breadth of the Group, led by strong progress in International and continued momentum across Australian Broking, BizCover and Agencies. In FY27, our focus is clear: integrate Prestige effectively, lift performance where we have more to do, and use our expanded platform to deliver stronger shareholder returns.

    What’s next for AUB Group?

    Looking ahead, AUB Group has issued FY27 underlying NPAT guidance in the range of $245 million to $265 million, signalling anticipated earnings growth of 9.1% to 18% for the year ahead. Management sees clear opportunities arising from the recently acquired Prestige business and ongoing improvements in its international and domestic divisions.

    The company plans to focus on integrating acquisitions, optimising operational performance, and leveraging its broader platform to drive shareholder returns, all while keeping a close eye on foreign exchange movements and macroeconomic conditions.

    AUB Group share price snapshot

    AUB Group shares have underperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with an 11% decline.

    View Original Announcement

    The post AUB Group FY26 results: record underlying profit and higher dividend appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Aub Group right now?

    Before you buy Aub Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Aub Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See the 5 Stocks

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Aub Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Tourism Holdings lifts dividend 62% on higher profit, eyes takeover proposals

    Australian notes and coins symbolising dividends.

    The Tourism Holdings Ltd (ASX: THL) share price is front of mind for investors after the company reported a 34% jump in underlying NPAT to $46.1 million and lifted its full-year dividend by 62% to 10.5 cents per share for FY26.

    What did Tourism Holdings report?

    • Statutory NPAT from continuing operations of $39.9 million (FY25: loss of $14.1 million)
    • Underlying NPAT up 34% to $46.1 million
    • Sale of services revenue (rentals) up 11% to $517.5 million; total revenue $852.9 million (down 5%)
    • Full-year dividend of 10.5 cents per share, up 62%
    • Net operating cashflows up 67% to $67.3 million
    • Net debt reduced to $436 million; leverage improved, equity ratio at 41%

    What else do investors need to know?

    Tourism Holdings delivered on its four key strategic priorities, including the sale of its UK & Ireland business and exiting two loss-making Australian dealerships, which helped further strengthen its balance sheet. The company also consolidated manufacturing in Australasia and unlocked about $5 million in labour, corporate, and digital savings.

    Shareholders will want to note two current takeover proposals: a $3.10 per share bid from BGH consortium and a competing offer between $3.30 and $3.40 per share from a credible strategic acquirer. Both proposals remain non-binding and subject to due diligence over the next six weeks.

    What did Tourism Holdings management say?

    CEO Grant Webster said:

    Rentals remain the engine of thl. Sale of services revenue increased 11% to $517.5 million, the average rental fleet grew 11.5% and RevPARV increased 1% to $58,000.

    We entered the second half of FY26 with real momentum. The Middle East conflict in March disrupted international travel with the flow on impacts on fuel pricing impacting domestic tourism for a time. Southern Hemisphere booking intake has since recovered to be ahead of the prior year, with New Zealand intake over the last four weeks up around 40%, Canada is on track for record rental revenue this summer season, and recent U.S. intake is tracking around 45% ahead. That tells us a portion of demand was deferred rather than lost.

    Operationally this was a year of delivering hard actions. We consolidated Australasian manufacturing into Hamilton and launched a redesigned Winnebago range, opened a new Queenstown site on 17 August, exited two loss-making Australian dealerships and delivered approximately $5 million of underlying labour, corporate and digital cost savings.

    What’s next for Tourism Holdings?

    Tourism Holdings says the fundamentals remain supportive of its $100 million underlying NPAT goal, even though the delay in RV sales market recovery and international disruptions have tempered near-term expectations. Recent booking trends are positive, with New Zealand and Australia up around 40% and 15% respectively over four weeks, and Canada and the US seeing record or strong rental demand.

    While uncertainty from the Middle East conflict has impacted FY27 momentum, management continues to focus on fleet growth, manufacturing efficiencies, and further cost initiatives, believing the longer-term potential is intact for shareholders.

    Tourism Holdings share price snapshot

    Over the past 12 months, Tourism Holdings shares have risen 17%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

    View Original Announcement

    The post Tourism Holdings lifts dividend 62% on higher profit, eyes takeover proposals appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Tourism Holdings Limited right now?

    Before you buy Tourism Holdings Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Tourism Holdings Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See the 5 Stocks

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Latest