Latest Construction Services News

Acrow Limited (ASX: ACF) is targeting a sharp FY27 earnings lift after industrial access revenue exceeded $200 million and post-year-end acquisitions expanded its platform. The FY26 result was more mixed: revenue reached a record $336 million, but underlying net profit fell 20% and the dividend was reduced.

Acrow Limited secures final ACCC approval for its AusGroup Industrial Services acquisition, clearing the path for completion on 1 September 2026 and strengthening its foothold in Australia’s civil infrastructure sector.

GenusPlus Group Ltd (ASX:GNP) posted record FY2026 results with revenue soaring 70.5% to $1.28 billion and net profit after tax rising 38.6% to $49 million. The company declared a fully franked 3.6 cent dividend and completed a major acquisition expanding into gas and water sectors.

Tamawood Limited boosted its profit after tax by over 40% to $8.19 million in FY26 while maintaining a debt-free balance sheet and accelerating AI-driven operational efficiencies.

EAU Lithium, a subsidiary of Cosmos Exploration, has signed a strategic Master Services Agreement with VULTEC, the German technology arm of Vulcan Energy Resources, to advance lithium extraction projects in Bolivia using cutting-edge direct lithium extraction technology.

Aeris Resources delivered a standout FY26 with a 78% EBITDA surge to $285 million, boosted by strong copper and gold production and a major expansion of its Tritton Ore Reserves. The company also completed its Peel Mining acquisition and kicked off early works at the Constellation Project.

GenusPlus Group has finalized its acquisition of MPC Kinetic, marking a significant diversification into the Queensland gas sector and renewable infrastructure services. The deal was funded through a combination of cash reserves, debt facilities, and a recent $200 million equity raise.

Monadelphous Group has landed over $200 million in new contracts spanning wind turbine installation, maintenance, and construction services across Australia and Papua New Guinea.

Acrow Limited has secured $70 million through a fully underwritten two-tranche placement to acquire Ausgroup Industrial Services and Preston SuperDeck, boosting its FY27 revenue and EBITDA guidance significantly.

Acrow Limited (ASX:ACF) is set to expand its Industrial Access and Construction Services footprint with a $54.5 million acquisition of Ausgroup and Preston SuperDeck, funded by a fully underwritten $70 million equity raise and a $10 million share purchase plan. The company also upgraded its FY27 revenue and EBITDA guidance by 21% and 15% respectively.

Acrow Limited’s Industrial Access division is on track to exceed $200 million in revenue for FY26, driven by acquisitions and organic growth, with secured contracts underpinning strong FY27 prospects.

Fletcher Building has cleared a major hurdle in its divestment strategy, with the sale of its Construction Division to VINCI Construction now unconditional and the purchase price rising to about $334 million.