• Revenue up 7.8% to $1,222.4m, driven by new contract wins and organic growth
• Underlying EBITDA from Operations up 16.4% to $73.6m
• Underlying Net Profit After Tax (NPAT-A) up 49.9% to $37.7m

Service Stream Limited has reported strong financial results for the half-year ended 31 December 2024. Revenue increased by 7.8% to $1,222.4 million, driven by new contract wins and organic growth across the Telecommunications, Utilities and Transport segments. Underlying EBITDA from Operations grew by 16.4% to $73.6 million, led by the strong contribution from the Utilities and Telecommunications segments. Underlying Net Profit After Tax (NPAT-A) increased by 49.9% to $37.7 million, supported by lower financing costs and a one-off tax benefit. Operating cash flow for the period was $83.3 million, up from $59.3 million in the prior corresponding period, reflecting the strong operational performance and continued improvement in working capital management. The Directors have declared an interim dividend of 2.5 cents per share, up from 2.0 cents per share in the prior corresponding period.

The Company has not provided any high-importance, price-sensitive forward-looking financial metrics or guidance.