Latest Industrial Services Sector News

Boom Logistics has locked in a five-year extension with BHP at Olympic Dam, underpinning $40 million in annual revenue and reinforcing its long-term partnership strategy.

Ashley Services Group is set to acquire major logistics labour hire contracts generating $162 million in annual revenue, with the deal expected to enhance earnings per share in FY27.

Service Stream is set to broaden its industrial services reach through the acquisition of Queensland’s RIE Group, a specialist in high-voltage electrical and instrumentation services. The deal enhances Service Stream’s market presence in key energy sectors amid ongoing contract wins.

SRG Global Limited posted a robust half-year result for December 2025, driven by strong segment growth and the acquisition of Total AMS Pty Ltd. The company also raised its interim dividend, signalling confidence in its outlook.

SGH Ltd reported a resilient first half of FY26 with stable earnings, improved margins, and a significant boost in operating cash flow, underpinning a 7% rise in its interim dividend.

WestStar Industrial’s subsidiary SIMPEC has landed a $20 million contract to build a new Filtration Plant at Glencore’s McArthur River Mine, marking a significant step in its national expansion.

WestStar Industrial's subsidiary SIMPEC has landed a significant $11 million contract to deliver structural and mechanical works at Tianqi Lithium's Kwinana plant, reinforcing its role in Australia's energy transition.

Boom Logistics has appointed Lester Fernandez as its permanent Managing Director and CEO, entrusting him to lead the company through its next phase of growth with a strong focus on safety and operational excellence.

EVZ Limited has issued earnings guidance for the first half of FY2026, forecasting revenue between $60 million and $65 million and a notable rise in EBITDA, reflecting operational improvements.

Tasmea Limited has entered a conditional agreement to acquire WorkPac Group for up to $60.7 million, aiming to enhance its workforce solutions and specialist trade services. The deal is expected to be accretive to earnings and strategically expand Tasmea’s footprint across Australia.

ALS Limited has announced an ordinary dividend of AUD 0.194 per share for the half-year ending September 2025, accompanied by a fully franked 30% component and a Dividend Reinvestment Plan with no discount.

WestStar Industrial’s subsidiary SIMPEC has landed a $115 million contract to expand residue filtration capacity at Alcoa’s Pinjarra Alumina Refinery, marking a key growth milestone.