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Slower growth forecast mauls shares in mining vehicle maintenance group Mader Group

Pelican Press

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Slower growth forecast mauls shares in mining vehicle maintenance group Mader Group

Investors have given fast-growing Mader Group a whack, looking through another big earnings jump to call out slower growth forecasts.

Shares in the mining vehicle maintenance group slumped as much as 17 per cent on Tuesday, despite Mader hitting guidance again with a near one-third increase in annual profit to $50.4 million and a record dividend.



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#Slower #growth #forecast #mauls #shares #mining #vehicle #maintenance #group #Mader #Group

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