The CEO of major Australian mine labour hire firm Mader Group, Justin Nuich, says the company remains on track to achieve its five-year goal of generating A$1 billion of globally spread annual revenue and hitting at least $65 million of net profit after tax.
Mader’s five-year plan culminates in the current half of the 2026 fiscal year.
The Australian Securities Exchange-listed company has grown circa-8.5 times in value in the five-year period and is currently worth about A$1.7 billion.
“In the first half of FY26 the group continued to perform strongly, delivering $485 million of revenue, up 18% on the previous corresponding period. This level of compounding global growth demonstrates Mader’s position as a trusted maintenance partner across multiple sectors,” Nuich said.
“One of the foundations of the five-year strategic plan was continued market diversification as we look to drive revenue growth across global markets. This focus has generated momentum in our North American operations as Mader’s reputation for safety and technical excellence unlocks new customers and drives workforce demand. Our workforce has been supported by our Global Pathways Program, which mobilised more than 160 expatriate technicians to new adventures around the world during 1H FY26.
“Australia grew by 19% underpinned by ongoing demand for trusted, highly skilled technicians. The region experienced increased labour support requirements from contracted and uncontracted customers, resulting in higher headcounts across multiple states. This led to increased activity levels and expanded service offerings in both core and rapid growth regions.
“The Rest of World segment expanded its global footprint to seven countries, with Mader putting its first boots on ground in New Zealand.
“We remain focused on actively pursuing business development opportunities around the world.”
Mader reported first-half NPAT of $30.5 million, up 17% year-on-year.
