• Consistent financial performance with NPATA growth of 11.9% and cash conversion of 93.2%
• Renewed 95% of contracts by value and grew Work in Hand to $20.6b, up 19.4% on HY24
• Expanded strategic partnership with nbn, securing ~$3.2b of new work in the past 6 months

Ventia Services Group Ltd has reported its HY25 results, delivering consistent financial performance with NPATA growth of 11.9% and cash conversion of 93.2%. The company's Work in Hand increased by 19.4% to $20.6b, underpinned by a 95% renewal rate of contracts by value. Ventia also expanded its strategic partnership with nbn, securing ~$3.2b of new work in the past 6 months, including fixed line connections and assurance, fibre to the node upgrades, and fibre installations for new developments and businesses. The company's diversified portfolio and focus on higher-margin work have contributed to improved EBITDA margins, while the ongoing capital allocation framework has enabled sustainable shareholder returns, including a 43.4% increase in the interim dividend and a $150m on-market buyback. Looking ahead, Ventia is well-positioned to capitalize on the growing market opportunities in the energy transition, digitization, and defense and government spending, underpinned by its trusted delivery, industry expertise, and national reach.

Ventia has upgraded its FY25 guidance, expecting NPATA growth of 10-12% (excluding the one-off positive impact of the Toowoomba novation).

Ventia is well-positioned to capitalize on the growing market opportunities in the energy transition, digitization, and defense and government spending, underpinned by its trusted delivery, industry expertise, and national reach. The company expects to continue its strong financial performance, with a focus on sustainable growth, cash generation, and shareholder returns.