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Ventia Services Group Limited (ASX:VNT)

ALERT: Price-sensitive ASX Announcement for VNT
Current share price for VNT : $5.900 0.7 (13.46%)+
Announcement
Release
14 Aug 2025 8:28AM
Price at Release
$5.200
Full Release
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Summary
Ventia Services Group Limited reported strong financial results for the first half of 2025, with significant achievements including an 11.9% increase in NPATA to $119.4 million and a 2.8% rise in EBITDA. Despite a slight decline in revenue to $3.0 billion, Ventia upgraded their FY25 guidance for underlying NPATA growth to 10-12%. The company also expanded their on-market buyback program by $50 million and achieved a record work in hand of $20.6 billion, fueled by $4.3 billion in contract wins. Infrastructure Services saw impressive EBITDA growth, while Telecommunications revenue is expected to recover in the second half. Ventia maintained strong capital management with a cash conversion ratio of 93.2% and improved safety metrics, including an 8.7% betterment in the Total Recordable Injury Frequency Rate. The interim dividend was set at 10.71 cents per share, marking a 14.5% increase year-on-year.
Key Points
  • Ventia reported an 11.9% increase in NPATA to $119.4 million for HY25.
  • EBITDA rose by 2.8%, with a slight decline in revenue to $3.0 billion.
  • FY25 NPATA growth guidance upgraded to 10-12%.
  • On-market buyback program increased to $150 million.
  • Record work in hand achieved at $20.6 billion.
  • Infrastructure Services and Telecommunications sectors show strong performance.
  • Improvement in safety metrics and capital management.
  • Interim dividend of 10.71 cents per share declared.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.