• Record FY25 financial result with EBITDA of $127.1m, up 29% on FY24
• Transitioned to net cash of $16.2m from proforma net debt of $38.2m post Diona acquisition
• Diversified earnings profile of 80% annuity / recurring revenue

SRG Global Ltd reported a record FY25 financial result, with EBITDA of $127.1m, up 29% on FY24. EBIT(A) increased by 43% to $93.8m, and NPAT(A) grew 52% to $61.0m. The company's earnings per share (EPS(A)) increased by 34% to 10.3 cents per share, and the dividend was increased by 22% to 5.5 cents per share. SRG Global's business fundamentals remain strong, with a record work in hand of $3.6b, up 20% on FY24, and a diversified earnings profile of 80% annuity / recurring revenue. The company successfully integrated the Diona acquisition, which delivered above the FY25 business case. SRG Global's balance sheet is robust, with a net cash position of $16.2m, providing significant capacity to fund further growth opportunities. The company continues to focus on environmental, social, and governance (ESG) initiatives, including the implementation of a carbon reporting platform and sustainability projects. SRG Global's operating segments all delivered strong financial performance, with Maintenance & Industrial Services, Engineering & Construction, and Diona (now fully integrated as SRG Global Utilities) all contributing to the overall result. The company's outlook remains positive, with FY26 earnings guidance of approximately 10% growth on FY25.

FY26 earnings guidance of approximately 10% EBITDA / EBIT(A) growth on FY25.

SRG Global's positive outlook is underpinned by long-term growth in recurring Maintenance & Industrial Services, targeted growth in Engineering & Construction, step change growth in Engineered Products, and leveraging capabilities in water security and energy transition. The company aims to maintain an 80% annuity / recurring and 20% project-based earnings profile, while continuing to enhance innovation and technology to drive sustainable growth and competitive advantage.