Latest Ventia Services (ASX:VNT) News

Ventia Services Group has secured a significant $100 million contract to provide Whole-of-Government cleaning services across Western Sydney, reinforcing its long-term partnership with the NSW Government and commitment to local economic growth.

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.

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.

Ventia reported solid HY25 results with profit growth and a 43% dividend increase, underpinned by major contract wins and an upgraded FY25 outlook.

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.

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.

Ventia Services Group has locked in a $100 million, five-year contract with Tuatahi First Fibre, reinforcing its role as a key player in New Zealand's fibre infrastructure landscape.

Ventia has landed a major $800 million contract to upgrade 175,000 premises from Fibre to the Node to Fibre to the Premises across Australia, reinforcing its role in the nation’s digital infrastructure.

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.