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Acrow Limited (ASX:ACF)

ALERT: Price-sensitive ASX Announcement for ACF
Current share price for ACF : $0.960 -0.01 (-1.03%)+
Announcement
Release
24 Aug 2026 7:15PM
Price at Release
$0.970
Full Release
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Summary
Acrow Limited reported a record revenue of $336.0 million for FY26, marking a 27% increase over the previous year. The Industrial Access division saw significant growth, accounting for 60% of the group's revenue. Despite underlying EBITDA remaining flat at $80.3 million, NPAT decreased by 20% to $27.6 million. The company completed acquisitions worth $54.5 million and raised $86 million through placements and a share purchase plan. FY27 guidance has been upgraded, with expectations of 30% revenue growth and 37% EBITDA growth. Future growth is expected from major projects like the Brisbane 2032 Olympics and various infrastructure programs.
Key Points
  • Record revenue of $336.0m, up 27% on PCP
  • EBITDA (underlying) of $80.3m flat on PCP
  • NPAT (underlying) of $27.6m down 20% on PCP
  • Final dividend of 1.42 cents per share (cps), down from 2.95cps in PCP (fully franked)
  • Industrial Access division revenue exceeds $200m, up 53% on PCP, representing 60% of Group revenue
  • Acquisition of Preston’s SuperDeck business and Ausgroup Industrial Services for combined $54.5 million
  • Successful completion of $70 million fully underwritten placement and $16.0 million Share Purchase Plan
  • FY27 guidance for revenue and EBITDA upgraded by 2% and 4%, respectively, to 30% and 37% growth on PCP
  • Significant growth opportunities in Industrial Access and Construction Services divisions
  • Major upcoming projects include the 2032 Brisbane Olympics and several infrastructure programs in Queensland
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.