• Record revenue, EBITDA, EBIT and NPAT results for the Group
• Continued revenue growth across the core IPD business, CMI's Minto Plugs and EX Engineering
• Strong and flexible financial position with net cash of $9.8 million

IPD Group reported strong financial performance in FY25, with record revenue of $354.7 million, up 22.1% on the prior year. EBITDA grew 19.3% to $46.4 million, and NPAT increased 17.0% to $26.2 million. The company's acquisitions of EX Engineering and CMI Operations in the prior year contributed to the revenue growth, while the core IPD business, CMI's Minto Plugs, and EX Engineering all delivered organic revenue increases. However, CMI's Cables business and Addelec were impacted by headwinds in the commercial construction sector. The group's diverse product range, including power distribution, energy management, automation, and hazardous area equipment, enabled it to pivot towards growing industries such as data centres and water/wastewater infrastructure. IPD maintained a strong balance sheet, with net cash of $9.8 million as of 30 June 2025, up from a net debt position in the prior year. The company also opened new offices in Brisbane and Melbourne to support future growth. IPD declared a total dividend of 12.6 cents per share for FY25, up 16.7% on the prior year and representing a 50% payout ratio.

IPD Group expects to deliver continued growth in FY26, with revenue, EBITDA, EBIT, and NPAT all forecast to increase compared to FY25 levels. The company is well-positioned to capitalize on the ongoing data centre boom and the transition to electric vehicles in Australia.

The company sees strong long-term growth opportunities in the industrial internet of things, smart grid digitalization, and the Australian data centre market. EV adoption in Australia is also expected to drive sustained infrastructure demand, providing a multi-year structural shift for IPD's business.