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SRG Global Limited (ASX:SRG)

ALERT: Price-sensitive ASX Announcement for SRG
Current share price for SRG : $3.750 0.81 (27.55%)+
Announcement
Release
17 Feb 2026 8:07AM
Price at Release
$2.940
Full Release
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Summary
SRG Global Limited announced its 1H FY26 financial results, showing strong performance with a revenue increase to $743.9 million, a 20% rise from 1H FY25. The company reported an underlying EBITDA of $71 million, up by 20%, and an EBIT(A) of $53.2 million, up by 26% from the previous year. SRG Global demonstrated strong cash generation with an impressive EBITDA to cash conversion rate of 97% and reduced net debt to $21.2 million from $52.5 million following the acquisition of TAMS. The Work in Hand reached a record $4.2 billion, with an Opportunity Pipeline of $11.5 billion. The company upgraded its FY26 earnings guidance to an EBITDA range of $164 million to $168 million and an EBIT(A) of $126 million to $130 million. A fully franked interim dividend of 3.0 cents per share was declared, marking a 20% increase over 1H FY25. TAMS was successfully integrated into SRG Global, contributing to service provision in diverse sectors.
Key Points
  • 1H FY26 revenue increased by 20% to $743.9 million.
  • EBITDA rose by 20% to $71 million, and EBIT(A) grew by 26% to $53.2 million.
  • Strong cash generation with a 97% EBITDA to cash conversion rate.
  • Net debt reduced to $21.2 million post TAMS acquisition.
  • Record $4.2 billion Work in Hand and $11.5 billion Opportunity Pipeline.
  • FY26 earnings guidance upgraded to $164 million - $168 million EBITDA.
  • Declared a fully franked interim dividend of 3.0 cents per share, up 20%.
  • Successful integration of TAMS into SRG Global.
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.