Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest update is out from Acrow Formwork and Construction Services Limited ( (AU:ACF) ).
Acrow Limited has confirmed its FY26 revenue and EBITDA guidance and issued initial FY27 guidance, underpinned by a record $14.3 million in new hire contracts in March and a hire revenue pipeline of $256 million, up 34% year on year. Strengthening activity, particularly in Queensland’s formwork market and the Industrial Access division’s forward order book, is expected to make Q4 FY26 the strongest quarter and support projected FY27 revenue of $335 million to $350 million and EBITDA of $88 million to $98 million, implying mid‑point growth of about 7% in sales and 13% in earnings as the company capitalises on its diversified earnings base.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$0.93 price target. To see the full list of analyst forecasts on Acrow Formwork and Construction Services Limited stock, see the AU:ACF Stock Forecast page.
More about Acrow Formwork and Construction Services Limited
Acrow Limited is an Australian provider of integrated construction systems, specialising in formwork, industrial access and commercial scaffolding, complemented by falsework, shoring, screen solutions, jacking systems and in-house engineering. With over 80 years of experience, it operates from 15 locations with more than 60,000 tonnes of equipment, targeting growth in the national civil infrastructure market.
Average Trading Volume: 357,475
Technical Sentiment Signal: Sell
Current Market Cap: A$257M
See more insights into ACF stock on TipRanks’ Stock Analysis page.