Key points
- Synertec Corporation Ltd reported a 19% increase in revenue for FY26, reaching $21.1 million.
- The company secured significant projects across water, energy, life sciences, transport, and defence sectors.
- Synertec successfully transitioned the Melbourne Metro Tunnel Project into operational service.
- The company's engineering pipeline reached $174 million, a 60% increase from the previous year.
- Synertec maintained a strong focus on innovation and sustainability in all its projects.
Full summary
Synertec Corporation Ltd's 2026 Annual Report highlights a 19% increase in revenue to $21.1 million, driven by significant projects in water, energy, life sciences, transport, and defence sectors. The company expanded its presence in the water sector with major panel appointments and long-term delivery programs, contributing over $7 million in revenue. In energy, Synertec delivered engineering and digital solutions for gas and electricity infrastructure, enhancing reliability and resilience. The successful handover of the Melbourne Metro Tunnel Project marked a milestone in the transport sector. Life sciences projects included a Building Management System upgrade at the Lucas Heights campus and safety engineering services for the Australian Synchrotron. Synertec also strengthened its position in defence and manufacturing sectors, delivering integrated engineering and automation solutions.
Guidance
Revenue for FY26: $21.1 million, a 19% increase from FY25
Outlook
Synertec anticipates continued growth across all sectors, with a focus on delivering innovative solutions and expanding its engineering pipeline.