Acrow Earnings Call Transcripts
Fiscal Year 2026
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Revenue grew 23% year-over-year, led by industrial access, now 62% of group revenue. EBITDA and NPAT declined due to Queensland formwork weakness and high CapEx, but guidance points to strong H2 and FY27 momentum, with major infrastructure and Olympic projects driving future growth.
Fiscal Year 2025
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The meeting highlighted strong financial results, successful integration of acquisitions, and a clear growth strategy focused on diversification and labor-saving innovations. Project delays in Queensland were discussed, with expectations of improvement, and all resolutions were passed with strong shareholder support.
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Revenue grew 23% and EBITDA 8% year-over-year, driven by industrial access and new contract wins, while formwork remained soft but is expected to rebound. Net debt increased due to acquisition funding, but strong cash flow and contract pipeline support a positive outlook.
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Record half-year revenue and EBITDA growth driven by industrial access expansion and major contract wins. Project delays in Queensland defer significant revenue to FY2026, but guidance is maintained and the pipeline remains robust. Net debt increased due to front-loaded CapEx.
Fiscal Year 2024
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Revenue grew 28% and EBITDA 40% year-over-year, driven by industrial services and acquisitions. Outlook remains strong with 20% organic revenue growth and double-digit EBITDA growth targeted, supported by a record pipeline and major project wins.