• +36% growth in revenue vs H1 FY25
• Underlying EBIT margin of 13.7% excluding WorkPac
• Executing on organic growth and programmatic acquisition strategy

Tasmea Ltd has reported strong H1 FY26 results, with revenue growing 36% versus the prior corresponding period to $323.1 million, excluding the contribution from the WorkPac acquisition. Underlying EBIT increased 36% to $44.3 million, with an underlying EBIT margin of 13.7% excluding WorkPac. The company is continuing to deliver on its twin pillar strategy of organic growth and programmatic acquisitions, with the Electrical and Civil segments performing strongly. Tasmea has executed over 20 new Master Service Agreements in the past 3 months, taking the total to over 100, and is seeing strong demand across its portfolio, particularly in the mining and resources sector. The company has a robust pipeline of programmatic acquisition opportunities and is progressing the integration of the WorkPac business, which is expected to deliver $18 million in pro forma EBIT. Tasmea has a strong balance sheet with gearing reduced to 0.45x, providing capacity to fund organic growth and further acquisitions. The company has reconfirmed its FY26 guidance of $117 million EBIT and $72.5 million NPAT.

Tasmea has reconfirmed its FY26 guidance of $117 million EBIT and $72.5 million NPAT.

Tasmea is seeing strong momentum in its organic growth strategy, with a record $663 million in revenue secured, recurring and tendered for delivery in H2 FY26 (excluding WorkPac). The company is also progressing a robust pipeline of programmatic acquisition opportunities in specialist trade skills businesses.