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Ventia Services Group Limited (ASX:VNT)

ALERT: Price-sensitive ASX Announcement for VNT
Current share price for VNT : $5.850 0.28 (5.03%)+
Announcement
Release
24 Aug 2026 8:12AM
Price at Release
$5.570
Full Release
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Summary
The HY26 results presentation for Ventia Services Group Limited highlights a robust financial performance with total revenue of $2,893.6 million, marking a 4.7% decline from the previous year. EBITDA reached $273.3 million, with a margin of 9.4%, reflecting an increase driven by efficiency improvements and a shift towards higher-margin work. The company reported strong cash conversion of 93.8% and a work-in-hand value of $21.1 billion. Noteworthy developments include a net profit after tax and amortisation of $128.2 million, an interim dividend of 11.76 cents per share (an increase of 9.8%), and a $300 million buyback program. Ventia emphasized its strategic focus on sustainable growth, high contract renewal rates, and maintaining financial flexibility through diversified funding sources.
Key Points
  • Total revenue: $2,893.6 million, a 4.7% decrease.
  • EBITDA: $273.3 million with a 9.4% margin.
  • Strong cash conversion rate at 93.8%.
  • Work-in-hand valued at $21.1 billion.
  • Net profit after tax and amortisation at $128.2 million.
  • Interim dividend increased by 9.8% to 11.76 cents per share.
  • $300 million buyback program initiated.
  • Focus on sustainable growth and high contract renewal rates.
  • Diversified funding sources and financial flexibility.
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.