Latest Service Stream (Asx:Ssm) News

Service Stream has delivered a robust FY25 performance with revenue growth, record profits, and a landmark $1.6 billion Defence contract, setting the stage for continued expansion.

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.

Service Stream has delivered a robust FY25 performance, highlighted by a record $7.6 billion order book and a 36.7% increase in adjusted net profit after tax. The company’s diversified contracts and improved margins set a strong foundation for FY26 growth.

Service Stream Limited reported solid FY25 results highlighted by double-digit profit growth, a strengthened balance sheet, and a significant increase in contracted works, setting the stage for continued momentum in FY26.

Service Stream Limited has reported a robust FY2025 with revenue climbing to $2.42 billion and a significant 13.1% rise in underlying EBITDA, alongside a 22% increase in dividends, underscoring its strong market position and operational execution.

Service Stream Limited has extended its contract with NBN Co to continue upgrading the ACT’s fibre network, securing $360 million in revenue over 3.5 years.

Service Stream Limited has locked in a significant $440 million contract with NBN Co to continue upgrading Australia’s fibre network, extending its role in the national infrastructure program.