Monadelphous Group Ltd 2014 AR2
The report highlights Monadelphous Group's performance for the 2014 financial year, during which the company achieved sales revenue of $2,330 million and a net profit after tax of $146.5 million. Despite softening market conditions in the resources industry, the company maintained stable margins through a productivity-focused cost reduction program that delivered annualised savings of approximately $53 million. Monadelphous achieved a record safety performance, improving its total case injury frequency rate by 21 per cent to 3.25 incidents per million man-hours worked. Additionally, the company expanded its presence in the oil and gas market, which accounted for over 40 per cent of its revenue, and secured its largest-ever construction contract valued at $680 million at the Ichthys LNG Project.
Company: Monadelphous Group Ltd
Sector: Industrials
Country: Australia
Year: 2014
Type: AR2
Pages: 63
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Monadelphous Group Ltd
Annual Report
The report highlights Monadelphous Group's performance for the 2014 financial year, during which the company achieved sales revenue of $2,330 million and a net profit after tax of $146.5 million. Despite softening market conditions in the resources industry, the company maintained stable margins through a productivity-focused cost reduction program that delivered annualised savings of approximately $53 million. Monadelphous achieved a record safety performance, improving its total case injury frequency rate by 21 per cent to 3.25 incidents per million man-hours worked. Additionally, the company expanded its presence in the oil and gas market, which accounted for over 40 per cent of its revenue, and secured its largest-ever construction contract valued at $680 million at the Ichthys LNG Project.
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Document Details
Report Year
2014
Reporting Period
Jul 1, 2013 - Jun 30, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees