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Symal Set to Surpass FY2025 EBITDA Guidance Amid $1.46B Work-in-Hand
6:01pm on Thursday 19th of June, 2025 AEST
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Construction
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Symal Set to Surpass FY2025 EBITDA Guidance Amid $1.46B Work-in-Hand
6:01pm on Thursday 19th of June, 2025 AEST
Key Points
FY2025 Normalised EBITDA forecast raised to ~$105 million, beating Prospectus guidance
Revenue slightly below forecast due to project timing shifts, expected to rebound in FY2026
Work-in-hand grows to $1.46 billion with new major contract awards
Significant progress on key projects including Moonee Valley Racing Club and Gawara Baya Wind Farm
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