Key points
- Record group revenue with 27% growth
- Industrial Access division revenue exceeds $200m
- Jumpform and Screens revenue at record levels
- Flat EBITDA due to Queensland construction market slowdown
- Final dividend of 1.42 cps (100% franked)
Full summary
Acrow Ltd presented its FY26 results, highlighting a 27% increase in group revenue, driven by significant growth in the Industrial Access division which now exceeds $200m in revenue. The Jumpform and Screens segment also achieved record revenue levels. Despite the overall revenue growth, EBITDA remained flat due to a temporary decline in the Queensland construction market. The company maintained a final dividend of 1.42 cps, fully franked. Acrow also announced strategic acquisitions and investments, including the acquisition of SuperDeck, which is expected to generate $11.0m in revenue and $6.3m in EBITDA in FY26. The company's financial performance was supported by strong operational achievements and a robust pipeline of future projects.
Guidance
FY26 revenue: $336.0m, FY26 EBITDA: $80.3m, FY26 Net Debt: $133.0m
Outlook
Acrow Ltd anticipates continued growth in the Industrial Access division and expects to leverage its market-leading position in retractable loading platforms. The company is also focused on strategic acquisitions to drive further expansion and profitability.