FY25 Full Year Results Announcement

Open PDF
Stock SRG Global Ltd (SRG.ASX)
Release Time 19 Aug 2025, 8:09 a.m.
Price Sensitive Yes
 SRG Global delivers record financial results
Key Points
  • FY25 revenue of $1,323.3m, up 24% from FY24
  • Underlying FY25 EBITDA of $127.1m, up 29% and EBIT(A) of $93.8m, up 43% from FY24
  • Transitioned to net cash of $16.2m from proforma net debt of $38.2m post Diona acquisition
Full Summary

SRG Global Ltd ('SRG Global' or the 'Company') (ASX: SRG) has delivered its financial results for the twelve months ended 30 June 2025 ('FY25') and announces profit guidance for FY26. The company reported FY25 revenue of $1,323.3m, up 24% from FY24, and underlying FY25 EBITDA of $127.1m, up 29% and EBIT(A) of $93.8m, up 43% from FY24. SRG Global has also transitioned to a net cash position of $16.2m from proforma net debt of $38.2m post the Diona acquisition. The company delivered excellent returns to shareholders with EPS(A) of 10.3 cents per share, up 34% on FY24, and a 2H fully franked dividend of 3.0cps, up 20%, bringing the total FY25 dividend to 5.5cps, up 22% on FY24. The Diona acquisition has been fully integrated as SRG Global Utilities, a market leader in the water security and energy transition sectors. SRG Global now has a record Work in Hand of $3.6b and an Opportunity Pipeline of $8.5b across diverse industries. The company has issued FY26 earnings guidance of ~10% EBITDA / EBIT(A) growth from FY25, continuing its step-change growth journey.

Guidance

FY26 guidance of ~10% EBITDA / EBIT(A) growth on FY25

Outlook
  • $3.6b WIH and $8.5b Opportunity Pipeline provides platform for long-term sustainable growth
  • Positive exposure to growth sectors including water, energy, industrial / resources, transport, defence, health, education, data centres and ports / marine
  • Earnings profile of circa 80% annuity / recurring earnings in FY25 and beyond
  • Strategic transformation to a diversified infrastructure services business will continue to deliver consistent growth and high-quality returns