Monadelphous Group Limited

( ASX:MND ) - ASX200 Capital Goods


Analyst Views

MND – Deutsche Bank rates as Sell

Deutsche Bank was disappointed with the FY18 results, noting a severe earnings hole is emerging in FY19. While the company exceeded FY18 revenue guidance, the broker believes the expectation for construction revenue to decline in FY19 implies double-digit declines in earnings.

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