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Acrow Formwork and Construction Services Limited ( (AU:ACF) ) has issued an announcement.
Acrow Limited has confirmed its FY25 financial results will align with previous guidance, showcasing a 23% increase in sales and a 9% rise in EBITDA. The company has secured a major contract extension with Origin Energy, valued at $28 million, bolstering its Industrial Access division. This move, alongside a 26.5% increase in secured hire contract wins, highlights Acrow’s strategic focus on diversifying revenue streams and strengthening its market position. The company’s positive outlook for FY26, particularly in the second half, is supported by strong lead indicators and long-term contracts, reinforcing its growth trajectory in the construction industry.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$1.30 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 a leading provider of integrated construction systems in Australia, specializing in formwork, industrial access, and commercial scaffolding. The company also offers falsework, shoring, screen solutions, and Jumpform systems, supported by internal engineering capabilities. With over 80 years of experience, Acrow has evolved into a national leader, committed to innovation and setting standards in engineered industrial and construction services. Operating in 15 locations with a significant equipment base, Acrow aims to expand its presence in Australia’s civil infrastructure market.
Average Trading Volume: 404,926
Technical Sentiment Signal: Buy
Current Market Cap: A$321.9M
Find detailed analytics on ACF stock on TipRanks’ Stock Analysis page.