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Ashley Services Group Limited (ASX:ASH)

ALERT: Price-sensitive ASX Announcement for ASH
Current share price for ASH : $0.265 0.025 (10.42%)+
Announcement
Release
19 Feb 2026 1:30PM
Price at Release
$0.240
Full Release
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Summary
Ashley Services Group Limited reported a record revenue of $308.2 million for the six months ending on 31 December 2025, marking a 16% increase from the previous period. The company achieved an EBITDA of $7.6 million, an increase of 41%, while the net profit after tax (NPAT) rose to $3.4 million, reflecting an 88% growth from the prior year. A dividend of 1.4 cents per share was declared, with a payout ratio of 60%. The labor hire segment showed significant growth, particularly in construction and traffic projects in Victoria, with construction revenues climbing by 58% and labor hire EBITDA increasing by 25%. Training revenue also increased by 4%, driven by public rail-related courses in Victoria and Queensland, leading to a 90% rise in training EBITDA. The company's net debt was reduced to $11.9 million, a considerable improvement from the previous year. Overall, Ashley Services Group demonstrated robust financial performance and strategic growth in its key business segments.
Key Points
  • Record revenue of $308.2 million, up 16%
  • EBITDA increased by 41% to $7.6 million
  • NPAT up 88% to $3.4 million
  • Dividend of 1.4 cents per share declared
  • Significant growth in labor hire, especially in Victoria
  • Training revenue increased by 4%
  • Net debt reduced to $11.9 million
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.