Key points
- Record revenue of $336.0m, up 27% on PCP
- Industrial Access division revenue exceeds $200m, up 53% on PCP
- FY27 guidance for revenue and EBITDA upgraded by 2% and 4%, respectively
Full summary
Acrow Limited reported a 27% increase in revenue to $336.0 million for the 12 months ended 30 June 2026 (FY26), with the Industrial Access division contributing significantly, up 53% on the prior comparable period (PCP). Gross profit rose 11% to $160.4 million, while underlying EBITDA remained flat at $80.3 million. Net profit after tax (NPAT) declined 20% to $27.6 million. The company successfully completed a $70 million capital raise and a $16 million Share Purchase Plan to fund acquisitions and improve the balance sheet. Acrow upgraded FY27 guidance for revenue and EBITDA by 2% and 4%, respectively, anticipating 30% and 37% growth on the prior comparable period.
Guidance
FY27 revenue guidance: $410m - $430m; FY27 EBITDA guidance: $105m - $115m
Outlook
Acrow expects significant growth opportunities in Industrial Access and Construction Services, driven by acquisitions, new product development, and upcoming infrastructure projects, including the Brisbane 2032 Olympics.