• Continued connection growth and increased market share with a focus on high speed NBN plans
• Delivered a strong first half financial performance with robust organic revenue growth across core segments
• Accelerated investment in Aussie Fibre and internal cloud infrastructure to support future growth

In the first half of FY25, Aussie Broadband Group continued to deliver strong performance, with 43,652 additional connections, 54% of the NBN base now on 100Mbps and above plans, and robust organic revenue growth across core segments. The group delivered a 6.8% increase in revenue and a 0.2 percentage point improvement in gross margin compared to the prior corresponding period. Aussie Broadband accelerated investment in its Aussie Fibre network and internal cloud infrastructure to support future growth, including commitments to undersea fibre and IP address blocks. Symbio also delivered higher gross margins due to revenue growth in the core business and remains on track to deliver 30% year-over-year earnings growth. The group's strong balance sheet enabled the declaration of a fully franked interim ordinary dividend of 1.6 cents per share and a fully franked special dividend of 2.4 cents per share.

Aussie Broadband Group has upgraded its FY25 underlying EBITDA guidance to $133m to $138m, based on strong trading performance. The group has also increased its FY25 capex guidance by $20m to $75m to $80m, reflecting accelerating investment in capacity, capability, and Aussie Fibre.

Aussie Broadband Group remains focused on organic growth, but is open to considering acquisition opportunities that align with its strategic objectives. The group is committed to its three-year strategy, which focuses on growing across all segments, expanding the Aussie Fibre network, enhancing the customer experience, developing scalable systems, and maintaining a constant focus on security.