Service Stream FY2026 Annual Report and Appendix 4E
Key points
- FY2026 revenue increased by 2.3% to $2.35 billion
- EBITDA from Operations rose by 11.8% to $163.4 million
- Net profit attributable to members decreased by 3.8% to $56.9 million
- Declared a final dividend of 3.5 cents per share
- Work-in-hand at a record high, indicating strong future revenue visibility
Full summary
Service Stream Limited released its FY2026 Annual Report and Appendix 4E, detailing a 2.3% increase in revenue to $2.35 billion. EBITDA from Operations rose by 11.8% to $163.4 million, while net profit attributable to members decreased by 3.8% to $56.9 million. The company declared a final dividend of 3.5 cents per share, a 16.7% increase from the previous year. Service Stream's Utilities division saw increased margins, reflecting contract discipline and productivity improvements. The company's work-in-hand is at a record high, providing strong visibility of future revenue. Service Stream remains well-positioned for growth, with a focus on safety, diversification, and strategic acquisitions.
Guidance
FY2026 revenue: $2.35 billion, EBITDA: $163.4 million, Net profit: $56.9 million
Outlook
Service Stream enters FY2027 with strong momentum, supported by robust client relationships, a high work-in-hand, and a solid balance sheet. The company aims to continue delivering for clients, improving safety, diversifying operations, and pursuing growth.
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