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Acrow Limited (ASX:ACF)

ALERT: Price-sensitive ASX Announcement for ACF
Current share price for ACF : $0.880 -0.18 (-16.98%)+
Announcement
Release
24 Feb 2026 7:03PM
Price at Release
$1.060
Full Release
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Summary
Acrow Limited reported its financial results for the first half of FY26, with record sales revenue of $155.9 million, a 23% increase from the prior comparative period, primarily driven by the Industrial Access division, which contributed 62% of group revenue. The company's underlying EBITDA decreased by 3% to $38.0 million, while EBIT and NPAT fell by 15% and 22%, respectively. Despite these declines, the Industrial Access division recorded a 54% revenue increase. Acrow's strategic investments in growth and diversification through capital expenditure and acquisitions have positioned it well to leverage growth opportunities such as the Brisbane 2032 Olympics and various infrastructure projects. The company anticipates revenue growth of 21% and EBITDA growth of 2% for the full FY26.
Key Points
  • Record sales revenue of $155.9 million, up 23% from PCP.
  • Industrial Access division revenue increased by 54%, contributing 62% of total revenue.
  • Underlying EBITDA of $38.0 million, down 3% from PCP.
  • Underlying NPAT decreased by 22% to $12.9 million.
  • Significant capital expenditure of $25.5 million in 1H FY26.
  • Growth opportunities include the Brisbane 2032 Olympics and Qld Civil Infrastructure Program.
  • Anticipated full-year FY26 revenue growth of 21% and EBITDA growth of 2%.
  • Continued strong performance in Jumpform and Screens businesses.
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.