Acrow Provides Guidance and Trading Update
| Stock | Acrow Ltd (ACF.ASX) |
|---|---|
| Release Time | 29 Jul 2025, 9:32 a.m. |
| Price Sensitive | Yes |
Acrow Provides Guidance and Trading Update
- FY25 financial guidance confirmed
- Lead indicators point towards encouraging FY26 trading environment, especially in second half
- Origin Energy - Surat Basin 7-year contract extension signed in July 2025
Acrow Limited (ASX: ACF) ('Acrow' or 'the Company') is pleased to provide an update on its financial performance for the year ended 30 June 2025 and a trading update for the year ahead. Acrow confirms that its FY25 financial results will be in line with the guidance range provided at 30 April 2025, with sales of $260.0m - $270.0m, EBITDA of $80.0m - $83.0m, and NPAT of $32.5m - $35.0m. Two key lead indicators - secured hire contract wins and pipeline - recorded further gains in FY25, highlighting continued demand for Acrow's services. Secured hire contract wins rose by 26.5% to $98.2 million, and the pipeline at 30 June 2025 stood at $217.5 million, up 15% on the prior year. FY26 has commenced positively for the Industrial Access division, securing a major extension of its maintenance contract with Origin Energy in the Surat Basin, valued at $28 million over seven years. The CEO, Steven Boland, commented that the lead indicators for FY26 are encouraging, particularly for the second half, and that the company is confident in the continued momentum of the business.
FY25 financial guidance: Sales $260.0m - $270.0m, EBITDA $80.0m - $83.0m, NPAT $32.5m - $35.0m.
Lead indicators point towards an encouraging FY26 trading environment, especially in the second half. The company is confident in the continued momentum of the business.