Latest Construction News

Civmec Limited reported a steady Q3 FY25 with revenue of A$158.5 million and a strengthened order book now exceeding A$760 million, positioning the company for future growth despite near-term project delays.

Maas Group Holdings has reaffirmed its FY25 underlying EBITDA guidance of $215 million to $245 million, driven by recent acquisitions and growth in construction materials and renewable energy sectors.

Civmec Limited has secured approximately A$285 million in new contracts and extensions, including a major shiploader project at Port Waratah and rare earth refinery tanks for Iluka Resources, signaling robust growth and strong market positioning.

PARKD Limited has secured a pivotal 5-year exclusive licence with Fielders for its metal deck support IP, completed a major car storage facility, and reported positive operating cash flow in Q3 FY25, positioning the company for expanded commercial growth.

Acrow Limited has acquired Brand Australia and Above Scaffolding, significantly boosting its Industrial Access division in New South Wales. Despite short-term contract delays impacting FY25, the company remains optimistic about future growth and synergy opportunities.

BauMart Holdings has unveiled a multi-pronged strategy to tackle construction labour shortages, advance green building materials, and expand mining equipment services, supported by a $482,000 rights issue.

Monadelphous Group Limited has announced a fully franked ordinary dividend of AUD 0.33 per share for the half-year ending December 2024, alongside an update to its Dividend Reinvestment Plan election deadline.

Big River Industries reported a 3.3% revenue decline and a 26% drop in EBITDA for 1H FY25, reflecting ongoing residential market challenges. Despite this, the company is investing in growth and operational efficiencies, maintaining a cautiously optimistic outlook for FY26 and beyond.

Monadelphous Group Limited has announced a fully franked ordinary dividend of AUD 0.33 per share for the financial year ending December 31, 2024, signaling steady returns for shareholders.

Simonds Group delivered a resilient $13.6 million EBITDA in 1H FY25 amid a soft residential market and announced a strategic acquisition of Dennis Family Homes to fuel future growth.

Simonds Group reported a resilient first half of FY25 with EBITDA growth despite market softness and announced a strategic acquisition to strengthen its market position.

Simonds Group reported a 5.6% revenue decline for the half year ended December 2024 but achieved a 12% rise in EBITDA, driven by higher margin projects and cost control. The company also announced a strategic acquisition to expand its footprint.