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Service Stream Limited (ASX:SSM)

ALERT: Price-sensitive ASX Announcement for SSM
Current share price for SSM : $2.425 -0.105 (-4.15%)+
Announcement
Release
19 Aug 2026 9:12AM
Price at Release
$2.530
Full Release
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Summary
Service Stream Limited, an Australian essential services provider, reported a 1.1% revenue increase to $2,353.6 million in FY2026, with EBITDA from Operations rising by 11.8% to $163.4 million. Despite this, net profit after tax decreased by 3.8% to $56.9 million. The company declared a final dividend of 3.5 cents per share. It operates in Telecommunications, Utilities, and Asset & Facility Management, with notable growth in new contracts and the water sector. However, the Telecommunications segment faced revenue challenges from contract completions. Safety remains a priority, and the directors signed the report on 19 August 2026.
Key Points
  • Service Stream Limited is an essential services provider in Australia.
  • In FY2026, Service Stream's revenue increased by 1.1% to $2,353.6 million.
  • EBITDA from Operations was $163.4 million, an increase of 11.8%.
  • Net profit after tax decreased to $56.9 million, a 3.8% decline from FY2025.
  • The company declared a final dividend of 3.5 cents per share for FY2026.
  • Service Stream operates across Telecommunications, Utilities, and Asset & Facility Management.
  • The company achieved strong organic growth in the water sector and secured new contracts.
  • The Telecommunications segment saw a revenue decrease due to completed contracts and new transitions.
  • Safety remains a focus, with a Total Recordable Injury Frequency Rate of 2.55 in FY2026.
  • The Directors' report was signed by Brett Gallagher and Leigh Mackender on 19 August 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.