Mader Group Limited (ASX:MAD) in Sohra Peak Capital Partners 2024 Q2

Resilient Performance in the Mining Services Sector

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Apr 15, 2025
Summary
  • Share price declined by 8% in the first half of 2024.
  • Strong earnings growth with a 31% increase in EPS year-over-year.
  • Focuses on mining services with a strong market presence in Australia.
  • Risks include market volatility and sector-specific challenges.

Mader Group Limited (ASX:MAD, Financial) was discussed in Sohra Peak Capital Partners’ 2024 Q2 letter for its resilient performance in the mining services sector. Despite a slight decline in share price, the company has maintained strong earnings growth and a solid market position.

"Mader Group Limited continues to demonstrate resilience in the mining services sector, with a 31% increase in EPS despite an 8% decline in share price. We believe its strategic market positioning will support future growth." — Jonathan A. Cukierwar, Sohra Peak Capital Partners, 2024 Q2 Fund Letter

Read full letter at gurufocus Sohra Peak Capital Partners 2024 Q2 page.