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GenusPlus Group Ltd (ASX:GNP)

ALERT: Price-sensitive ASX Announcement for GNP
Current share price for GNP : $9.850 0.11 (1.13%)+
Announcement
Release
18 May 2026 8:18AM
Price at Release
$9.740
Full Release
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Summary
GenusPlus Group Ltd, an essential power and communications infrastructure provider, has upgraded its earnings guidance for the financial year 2026. The company now expects a normalised EBITDA in the range of A$96 million to A$100 million, marking a 42-48% growth from the previous year's EBITDA of A$67.4 million. This update comes after the initial guidance in January 2026, which projected a 35% growth to approximately A$91 million. The upgrade in guidance is attributed to the company's latest financial performance and market conditions, with A$2 million to A$3 million of the growth expected from the acquisition of Railtrain Holdings Pty Ltd, completed on 1 April 2026.
Key Points
  • GenusPlus Group Ltd upgraded earnings guidance for FY2026.
  • Normalised FY2026 EBITDA expected to be A$96m-A$100m.
  • Previous guidance anticipated 35% growth in EBITDA to around A$91m.
  • Recent financial performance and market indicators prompted the update.
  • A$2m-A$3m of EBITDA growth from Railtrain Holdings acquisition.
  • The acquisition of Railtrain Holdings was completed on 1 April 2026.
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.