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SRG Global Limited (ASX:SRG)

ALERT: Price-sensitive ASX Announcement for SRG
Current share price for SRG : $3.820 0.2 (5.52%)+
Announcement
Release
18 Aug 2026 7:48AM
Price at Release
$3.620
Full Release
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Summary
SRG Global Limited reported a strong financial performance for FY26, with a 27% increase in revenue to $1,675.5 million and a 34% rise in EBITDA to $170.1 million, exceeding previous guidance. The company generated strong cash flows, achieving a net cash position of $6.2 million, transitioning from a net debt position post-TAMS acquisition. SRG also declared a fully franked dividend increase to 7.0 cents per share. TAMS, a marine infrastructure services provider, integrated successfully into SRG, delivering results above expectations. SRG set a record Work in Hand worth $5.1 billion, indicating robust growth potential, and upgraded its FY27 guidance to $195-$205 million EBITDA. The strategic focus remains on diversified growth across key infrastructure sectors, supporting a sustainable long-term business trajectory.
Key Points
  • FY26 revenue increased by 27% to $1,675.5 million
  • Underlying EBITDA rose 34% to $170.1 million
  • EBIT(A) increased by 41% to $131.8 million
  • Net cash position of $6.2 million achieved
  • Full year dividend increased by 27% to 7.0 cents per share
  • TAMS acquisition delivered above business case expectations
  • Record Work in Hand at $5.1 billion, up 42% from FY25
  • FY27 guidance upgraded to $195-$205 million in EBITDA
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.