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How Will Symal’s $28M Queensland Acquisition Fuel Growth Ahead of 2032 Olympics?
8:57am on Wednesday 10th of December, 2025 AEDT
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Construction and Engineering
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How Will Symal’s $28M Queensland Acquisition Fuel Growth Ahead of 2032 Olympics?
8:57am on Wednesday 10th of December, 2025 AEDT
Key Points
Acquisition of Timms Group and L&D Contracting assets for $28 million upfront
Adds over $28 million in plant and equipment and skilled workforce
Expected to deliver ~$8 million annualised EBITDA in FY26
EPS accretive from first year of ownership
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