Latest Infrastructure Services News

MCS Services Limited reported a $644k cash outflow from operations in Q1 2025 while lodging multiple traffic management tenders and exploring growth strategies. The company continues to consider selling its Traffic Business subsidiary, Highways Traffic Pty Ltd.

SRG Global has agreed to acquire marine infrastructure leader TAMS for $85 million, aiming to enhance its recurring revenue and expand its market footprint. The deal is expected to deliver a 25% EPS accretion in FY26, marking a strategic step in SRG’s growth trajectory.

SRG Global has agreed to acquire Total AMS Pty Ltd (TAMS), a leading marine infrastructure services provider, for $85 million, significantly enhancing its revenue and earnings profile for FY26.

Ventia Services Group has secured a substantial $935 million contract to provide clothing services to the Australian Defence Force, marking a significant expansion of its defence sector presence.

Avada Group Limited has adjusted its FY25 financial results following audit finalisation, increasing its income tax benefit and reclassifying borrowings, while confirming a strong financial position.

Avada Group Limited has updated its FY25 financial results, reducing its loss after tax by $2.04 million due to tax benefit adjustments and reclassification of borrowings, while confirming no impact on operating revenue or cash flow.

Ventia Services Group has extended its facility management contract with the City of Sydney, locking in $100 million over two years and continuing a partnership that began in 2018.

Ventia Services Group has won two major Defence Base Services Transformation contracts worth $2.7 billion, reinforcing its long-term role in supporting Australian Defence infrastructure.

Downer EDI Limited has won a $3.05 billion contract to provide base and estate services to the Australian Department of Defence, significantly expanding its operational regions and responsibilities over the next decade.

Service Stream Limited has landed a major long-term contract with the Australian Department of Defence to manage property and asset services across South Australia and the Northern Territory, marking a significant expansion into defence infrastructure support.

NRW Holdings has agreed to acquire Fredon Industries for up to $200 million, introducing a new strategic pillar and broadening its service capabilities in energy transition and infrastructure. The deal is expected to complete by September 30, 2025, with strong earnings visibility for FY26.

AVADA Group Limited reported a statutory net loss of $17.6 million for FY25, driven by impairments and challenging trading conditions, while completing a major business transformation aimed at future growth.