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Simonds Group Boosts EBITDA to $13.6m, 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 to $13.6m, Eyes Growth with Dennis Family Homes Deal
7:25am on Monday 2nd of June, 2025 AEST
Key Points
EBITDA rose $1.5m to $13.6m despite revenue decline
Revenue fell to $318.1m due to softer demand and fewer site starts
Signed binding agreement to acquire Dennis Family Homes, expected to close in March
Continued investment in product innovation and operational capabilities
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