Latest Sks Technologies News

SKS Technologies has denied knowledge of undisclosed information after ASX queried a sharp share price reversal and significant trading volume. The company said its projects, work in hand and data centre opportunity pipeline remained unchanged.

SKS Technologies’ Jinks family has sold 10 million shares in an on-market crossing, but will retain about 21% of the company and says no further sales are planned for the foreseeable future. The company also reaffirmed FY27 expectations of approximately $500 million in revenue and $60 million in PBT.

SKS Technologies has secured another $38 million of electrical infrastructure and fit-out work at Built’s MEL2 data centre in Melbourne, taking the project’s total value to $66 million. The award lifts SKS’s current work on hand to $270 million, although the announcement does not disclose margins or delivery timing.

SKS Technologies delivered a sharp step-up in FY26 earnings, with revenue rising 33% to A$347.9 million and net profit attributable to members increasing 95.3% to A$26.9 million. The company also lifted its fully franked annual dividend to 10 cents per share.

SKS Technologies has delivered a third consecutive year of record growth, lifting FY26 revenue to $348 million and net profit by 93%, driven by a surge in data centre projects and strategic acquisitions.

SKS Technologies Group is set to surpass its February profit forecast with an unaudited before-tax profit of $39.3 million, driven by operational discipline and scalable growth.

SKS Technologies has landed a $28 million early works contract for the MEL2 hyperscale data centre in Melbourne, boosting its FY27 order book to $312 million amid a surging Australian data centre pipeline.

SKS Technologies has landed a $22 million contract to deliver integrated electrical systems for a major retailer's new Melbourne headquarters, pushing its order book to $355 million amid a booming project pipeline.

SKS Technologies has boosted its Melbourne data centre contract to $210 million, reflecting a significant project scope increase and reinforcing its position in the Australian data centre infrastructure sector. The company is also advancing its NSW footprint with a new $3 million electrical upgrade contract.

SKS Technologies Group has reported a robust half-year performance, driven by a landmark $130 million data centre contract and a strategic acquisition, positioning it strongly for FY26 growth.

SKS Technologies Group has upgraded its FY26 earnings forecast following $60 million in new contract awards, including major projects for NEXTDC and Ernst & Young. The company anticipates stronger revenue and profit margins driven by robust demand in data centre infrastructure.

SKS Technologies has completed the acquisition of Delta Elcom, a Sydney-based data centre infrastructure specialist, in a $12.5 million deal combining cash and shares. This move aims to strengthen SKS’s foothold in the NSW data centre market and expand its electrical and communications services.