Latest Infrastructure Services News

Ventia Services Group has upgraded its FY25 profit guidance following a strong first half marked by record contract wins and an expanded share buyback program.

Ventia Services Group Limited has announced an ordinary dividend of AUD 0.1071 per share for the six months ending June 2025, with 90% franking, payable in October.

Ventia Services Group reported a 32.6% jump in half-year profit to $134.5 million despite a slight 1.5% revenue decline, declaring a 10.71 cents interim dividend and upgrading full-year earnings guidance.

AVADA Group Limited reported a strong quarter with positive operating cash flows and significant debt reduction, while initiating a strategic review of its New Zealand operations amid challenging market conditions.

MCS Services Limited reported a solid cash position and positive operating cash flow for the June 2025 quarter while advancing discussions on selling its Traffic Business subsidiary.

Saunders International Limited has announced its acquisition of Aqua Metro Pty Ltd for up to A$30 million, aiming to strengthen its position in the water infrastructure sector with a stable, annuity-style revenue model and a robust project pipeline.

Ventia has expanded its partnership with NBN Co through a $280 million contract amendment to upgrade fibre infrastructure in the Australian Capital Territory, marking a strategic geographic expansion.

SRG Global has locked in $850 million worth of contracts spanning water, energy, resources, and more, reinforcing its position as a diversified infrastructure leader in Australia and New Zealand.

Downer EDI Limited has successfully refinanced $1 billion of its syndicated sustainability linked loan facility, extending maturities and improving its debt maturity profile amid upcoming bond repayments.

Ventia Services Group Limited delivered strong financial results for 2024, highlighted by a 12.8% rise in NPATA and a record 92% contract renewal rate, while reaffirming growth guidance despite ongoing ACCC proceedings.

Saferoads Holdings has finalised the sale of its Road Safety Rentals assets, repaid all related debts, and announced a fully franked 10 cent special dividend for shareholders.

MCS Services Limited reported a solid cash position of $1.23 million at quarter-end and is actively exploring the sale of its Traffic Business subsidiary while awaiting key tender results.