Latest McS Services (ASX:MSG) News

MCS Services Limited reported a 32% revenue decline for the half-year ending December 2025, alongside improved EBITDA and no significant impairments. The company is moving forward with a proposed sale of its Highways Traffic business, though an auditor’s going concern warning casts a shadow over its near-term outlook.

MCS Services Limited has reported a significantly reduced half-year loss and announced plans to sell its Highways Traffic subsidiary, aiming to strengthen its financial position amid ongoing challenges.

MCS Services Limited has finalized a revised agreement to sell the core assets of its subsidiary Highways Traffic Pty Ltd to Altus Traffic for $1.16 million, pending shareholder approval. This marks a strategic step in MCS’s ongoing business realignment following the sale of its larger security division.

MCS Services Limited reported steady operations and positive cash flow for the December 2025 quarter while progressing the sale of its Highways Traffic subsidiary to Altus Traffic, pending shareholder approval.

MCS Services Limited has agreed to sell the core assets of its Highways Traffic subsidiary to Altus Traffic for $1.4 million, pending shareholder approval. The deal marks a strategic step to streamline operations following previous divestments.

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.

MCS Security Services Limited reported a 63% revenue decline following the sale of its Security Business, yet improved its net loss and underlying EBITDA in FY25. The Traffic Business showed promising growth, while the company weighs capital management and potential divestments.

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.

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.

MCS Services Ltd reports a decline in cash and receivables for Q2 FY2025 while advancing new traffic management contracts and growth initiatives. The company also confirms the collapse of a planned reverse takeover with NJ Ashton Pty Ltd.