Half Yearly Report and Accounts
| Stock | Ventia Services Group Ltd (VNT.ASX) |
|---|---|
| Release Time | 14 Aug 2025, 8:22 a.m. |
| Price Sensitive | Yes |
Ventia Reports Half-Yearly Results
- Statutory revenue of $3,037.2 million, down 1.5% on prior year
- Statutory profit after tax of $134.5 million, up 32.6% on prior year
- Underlying NPATA of $119.4 million, up 11.9% on prior year
Ventia Services Group Limited (ASX:VNT) reported its results for the half-year ended 30 June 2025. Statutory revenue decreased 1.5% to $3,037.2 million, driven by lower Defence Base Services project works, exited contracts and revised scope of a Housing and Community contract in the Defence and Social Infrastructure sector. Statutory profit after income tax increased 32.6% to $134.5 million, primarily due to a $24.9 million gain from the novation of the Toowoomba Second Range Crossing contract. Underlying EBITDA increased 2.8% to $252.6 million, with the underlying EBITDA margin improving from 8.0% to 8.3%. Underlying NPATA, which excludes the impact of the TSRC novation, increased 11.9% to $119.4 million. The Group's liquidity position remained strong, with $724.4 million in available liquidity as at 30 June 2025. Ventia declared an interim dividend of 10.71 cents per share, 90% franked, representing a payout ratio of 75% of Underlying NPATA.
Ventia has not provided any high-importance, price-sensitive forward-looking financial metrics or guidance.