Key points
- NPATA increased by 7.4% to $128.2 million
- EBITDA grew by 8.2% with a margin of 9.4%
- Interim dividend increased by 9.8% to 11.76 cents per share, 100% franked
- On-market buyback program upsized to $300 million
Full summary
Ventia Services Group Ltd reported its financial results for the six months ended 30 June 2026, showing higher growth in EBITDA, NPATA, earnings per share, and margins despite lower revenue driven by a one-off contract change in Defence. NPATA increased by 7.4% to $128.2 million, supported by EBITDA growth of 8.2%. EBITDA margin improved to 9.4%, reflecting a continued focus on higher margin work and efficiency initiatives. Revenue declined by 4.7% to $2.9 billion due to the transition to the new Base Services Contract in Defence, which was partly offset by higher revenue growth across the three other sectors. Work in Hand increased by 2.5% to $21.1 billion on HY25, underpinned by seven material contract wins and renewals across Transport, Water, and Defence, supporting future revenue visibility.
Guidance
FY26 underlying NPATA guidance of 7-10% growth compared to FY25
Outlook
Ventia's Board and Management remain confident in the Group's outlook, benefiting from a diversified portfolio and favourable demand across Defence, Digital Infrastructure, Energy, and Water.