Key points
- Record Revenue of $1.281 billion up 70.5% on PCP
- Record Normalised EBITDA of $100.8 million up 49.6% on PCP
- Completed MPK acquisition, diversifying into Oil and Gas services
Full summary
Genusplus Group Ltd presented its FY2026 results, showcasing significant growth across all sectors. The company achieved a record revenue of $1.281 billion, up 70.5% on a pro-rata comparable (PCP) basis, and normalized EBITDA of $100.8 million, up 49.6% on PCP. The Infrastructure segment saw revenue of $837.4 million, up 101.5% on PCP, driven by major projects and business-as-usual operations. The Energy & Engineering segment reported revenue of $368.7 million, up 57.2% on PCP, with stable EBITDA reflecting project completions in the prior year. The Services segment delivered revenue of $152.2 million, up 23.5% on PCP, with solid margins due to strong execution. The company also completed the acquisition of MPK, diversifying into oil and gas services and enhancing its capabilities in the renewable energy market.
Guidance
FY2027 Recurring revenue forecasted at ~$764m, EBITDA at $200m - $205m
Outlook
Genusplus Group Ltd anticipates significant opportunities in the gas, water, and rail sectors, with a tendered pipeline of $3.6 billion. The company remains well-positioned to capitalize on the energy transition and the growth of data centers in Australia.