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Simonds Group Boosts EBITDA Amid Revenue Dip, Eyes Growth with Dennis Family Homes Deal
7:25am on Monday 2nd of June, 2025 AEST
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Construction
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Simonds Group Boosts EBITDA Amid Revenue Dip, Eyes Growth with Dennis Family Homes Deal
7:25am on Monday 2nd of June, 2025 AEST
Key Points
Revenue down 5.6% to $318.1 million due to fewer site starts
EBITDA up 12% to $13.6 million on improved margins and cost management
Profit after tax from continuing operations increased 18% to $2.0 million
Net assets rose to $20.4 million, supported by strong liquidity
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