Key points
- Revenue increased by 27% to $336 million
- Net profit after tax decreased by 24% to $17.76 million
- Underlying net profit after tax decreased by 20% to $27.6 million
- Fully franked dividend of 3.42 cents per share
- Net debt increased to $133 million
Full summary
Acrow Ltd reported a 27% increase in revenue to $336 million for the year ended 30 June 2026, driven by the Industrial Access division and full-year contributions from recent acquisitions. However, net profit after tax fell 24% to $17.8 million and underlying net profit decreased 20% to $27.6 million, impacted by increased depreciation and interest expenses from capital expenditure and working capital. The company declared a fully franked dividend of 3.42 cents per share. Net debt increased to $133 million, primarily due to growth capital expenditure and working capital requirements, but was partially offset by proceeds from a capital raise.
Guidance
Underlying net profit after tax expected to be $27.6 million for FY2026
Outlook
Acrow Ltd expects to continue expanding its Industrial Access division and investing in strategic growth opportunities, positioning itself for infrastructure and development opportunities in the coming years.