Key points
- Total Revenue: $2,893.6m, a 4.7% decrease from HY25
- EBITDA Margin: 9.4%, a 1.1pp increase from HY25
- Work in Hand: $21.1b, a 2.5% increase from HY25
- Interim Dividend: 11.76 cents per share, a 9.8% increase from HY25
- Net Profit After Tax + Amortisation: $128.2m, a 7.4% increase from HY25
Full summary
Ventia Services Group Ltd's HY26 results showed a 4.7% decrease in total revenue to $2,893.6m, driven by the transition to new Base Services Contracts. EBITDA margin improved to 9.4%, up 1.1pp from HY25, and work in hand increased to $21.1b. The company's financial performance was underpinned by strong cash conversion of 93.8% and a net debt to EBITDA ratio of 1.4x. The company also increased its interim dividend by 9.8% to 11.76 cents per share and completed a buyback program purchasing shares worth $185.8m. The company expects to deliver NPATA growth of 7-10% for FY26, with high renewal rates and an EBITDA margin of over 9.0%.
Guidance
NPATA growth of 7-10% for FY26
Outlook
Ventia Services Group Ltd expects to deliver NPATA growth of 7-10% for FY26, with high renewal rates and an EBITDA margin of over 9.0%. The company sees strong demand in defence, infrastructure, energy, and water sectors.