Latest Genusplus (ASX:GNP) News

GenusPlus Group has delivered a standout FY2025 with record revenue and profits, underpinned by strategic acquisitions and a booming renewable energy pipeline.

GenusPlus Group Ltd has reported a robust 36% increase in revenue and an 84% surge in net profit for FY2025, driven by strategic acquisitions and growth in the renewable energy sector. The company also declared a higher fully franked dividend, reflecting confidence in its expanding infrastructure footprint.

GenusPlus Group has won an additional $60 million contract extension from Western Power, reinforcing its role in expanding WA’s renewable energy transmission network.

GenusPlus Group has secured a significant maintenance and upgrade contract with Western Power, expected to generate around $65 million in revenue for FY2026, reinforcing its role in Western Australia's electricity infrastructure.

GenusPlus Group has secured a $105 million contract to design and build the Reeves Plains Battery Energy Storage System in South Australia, marking a strategic expansion into the renewables sector.

GenusPlus Group has upgraded its FY2025 EBITDA guidance following strong quarterly results and acquisitions, while securing a significant $20 million rail infrastructure contract through its recent acquisition MGC Solutions.

GenusPlus Group Ltd has landed a $65 million contract to design and build the Merredin Battery Energy Storage System in Western Australia, marking a significant step in its renewable energy expansion.

GenusPlus Group has landed a $130 million contract to upgrade NBN’s Fibre to the Node network across Western Australia, targeting 22,000 properties over the next 3.5 years.