MDM beats expectations

MDM Engineering Group rose almost seven per cent on Wednesday after its results topped market expectations and the company said there was more to come in 2013.

MDM Engineering Group rose almost seven per cent on Wednesday after its results topped market expectations and the company said there was more to come in 2013.

The firm bounded into the black reporting a full year pre-tax profit of $7.8m, up from a loss of $2.1m the year before.

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