Australia · Delayed Price · Currency is AUD Tasmea Earnings Call Transcripts
Fiscal Year 2026
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Tasmea is acquiring JPS Group for up to AUD 75 million, adding a specialist energy services platform with strong recurring revenue and high growth prospects. The deal is immediately EPS accretive, fully funded, and aligns founders' interests via scrip and earn-out.
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The acquisition creates a leading national specialist electrical provider with strong exposure to high-growth sectors like data centers and infrastructure, is 31% EPS accretive, and is fully funded without new capital. Maxim’s leadership remains, and integration is expected to drive significant synergies.
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Underlying EBIT rose 36% and NPAT 32% year-over-year, driven by strong organic and acquisition growth. Civil and electrical segments delivered record results, while integration of WorkPac advances with cost synergies and robust recruitment. FY 2026 guidance is reaffirmed, supported by a strong order book.
Fiscal Year 2025
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Record FY 2025 results with revenue up 37% and net profit after tax up 74%. FY 2026 guidance targets $110 million EBIT and $70 million net profit, driven by a $600 million order book, strong recurring revenue, and expansion in electrification and renewables.