(Updates to add stock movement in the headline and last paragraph)

Monadelphous Group (ASX:MND) reported Tuesday fiscal first-half earnings of AU$0.6462 per share, up from AU$0.4293 a year earlier.

Analysts polled by FactSet expected earnings of AU$0.56.

Revenue for the six months ended Dec. 31, 2025, was AU$1.44 billion, compared with AU$1.02 billion a year earlier. Analysts surveyed by FactSet expected AU$1.46 billion.

The company currently forecasts fiscal year 2026 revenue to be around 30% higher than fiscal year 2025. Analysts polled by FactSet expect revenue of AU$2.77 billion.

The board declared an interim dividend of AU$0.49 per share, up from AU$0.33 a year earlier, payable March 27 to shareholders on record as of March 6.

The company's shares rose around 13% in recent Tuesday trade and earlier hit a record high.