Latest Essential Network Services News

Service Stream has reported higher margins, earnings and dividends for FY26, while its newly mobilised Defence operations are positioned to contribute more meaningfully in FY27. The company enters the new year with $8.2 billion of work in hand, a net cash balance sheet and a positive but non-specific growth outlook.

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