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How Symal Group Exceeded IPO Expectations with $106M EBITDA and $1.76B Work in Hand

10:49pm on Friday 29th of August, 2025 AEST Construction and Infrastructure
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How Symal Group Exceeded IPO Expectations with $106M EBITDA and $1.76B Work in Hand

10:49pm on Friday 29th of August, 2025 AEST
Key Points
  • Statutory revenue of $888.6 million, up 17.6% year-on-year
  • Normalised EBITDA of $106.1 million, exceeding prospectus guidance
  • Work in hand increased to $1.76 billion, supporting FY26 growth
  • Acquisitions of Sycle Group and Ascot Bin Hire completed; Locale Civil acquisition pending
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