HY25 Results - Media Release
| Stock | Ventia Services Group Ltd (VNT.ASX) |
|---|---|
| Release Time | 14 Aug 2025, 8:28 a.m. |
| Price Sensitive | Yes |
Ventia upgrades guidance, achieves record work winning
- Upgrade FY25 Guidance to underlying NPATA growth of 10-12% on FY24
- On-market buyback program increased by $50 million to $150 million in 2025
- Work in Hand $20.6 billion, up 19.4%
Ventia Services Group Limited (Ventia) today announced its financial results for the six months ended 30 June 2025, reporting an 11.9% increase in NPATA to $119.4 million. EBITDA rose 2.8%, while revenue was slightly lower at $3.0 billion, down 1.5% year-on-year. Record work in hand was delivered, reaching $20.6 billion, up 19.4% compared to HY24, supported by $4.3 billion of contract wins during the half. Reflecting this solid performance and confidence in the outlook, Ventia has increased its FY25 guidance for underlying NPATA growth of 10-12% compared to FY24 statutory NPATA. The first-half performance was underpinned by robust EBITDA growth in Infrastructure Services, as contracts won in 2024 begin to mature and the company strategically focuses on more work in the Energy, Water and Renewable end markets. Consistent revenue from Telecommunications also supported the first-half performance, where several new contract awards are now mobilising. Ventia declared an interim dividend of 10.71 cents per share representing 14.5% growth year-on-year and a 75% NPATA payout ratio. The dividend is 90% franked and payable on 8 October 2025. Ventia continued its safety focus in the first half of 2025, with an improvement in the Total Recordable Injury Frequency Rate (TRIFR) of 3.14 (8.7%) and minor deterioration in its already low Significant Injury Frequency Rate (SIFR) to 0.21 per million hours worked.
Ventia has upgraded its FY25 guidance for underlying NPATA growth of 10-12% compared to FY24 statutory NPATA.
Ventia enters the second half of FY25 with momentum. Its diversified portfolio is well positioned to capture growing market demands and drive solid Group performance. The company remains focused on disciplined execution and continuing to deliver sustainable value for its shareholders.