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Acrow Limited (ASX:ACF)

ALERT: Price-sensitive ASX Announcement for ACF
Current share price for ACF : $0.890 -0.17 (-16.04%)+
Announcement
Release
24 Feb 2026 7:06PM
Price at Release
$1.060
Full Release
download
Summary
Acrow Limited's FY26 Half Year Results Presentation highlights significant organic growth and strategic debt refinancing. The company achieved a 23% increase in revenue primarily driven by the Industrial Access division, which now constitutes 62% of total group revenue. The division is set for further expansion with an anticipated full-year revenue approaching $200 million. The capital expenditure program was accelerated to support future growth, particularly in the Jumpform and Screens segments. Despite a subdued market in Queensland impacting profitability, the company maintained robust financial metrics with a 2.2x net debt to EBITDA ratio. Acrow is well-positioned for future growth through strategic investments in ERP systems, workforce capability enhancements, and innovative product development such as the new Uni-ring scaffold system. Key ongoing projects include the North East Link and Coomera Connector in Victoria and Queensland, respectively.
Key Points
  • 23% increase in revenue with Industrial Access division contributing 62%.
  • Overall EBITDA margins affected by market conditions but revenue expected to reach $200m for FY26.
  • Significant organic growth and potential in major infrastructure projects.
  • Strategic debt refinancing with clear plan to reduce gearing.
  • Innovative product development including Uni-ring scaffold system.
  • Implementation of new ERP to enhance efficiency and scalability.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.