Acrow Limited Reports Record Revenue Driven by Industrial Access Division

The latest update is out from Acrow Formwork and Construction Services Limited ( (AU:ACF) ).

Acrow Limited reported a strong financial performance for the first half of FY25, driven by its Industrial Access division which saw a 119% increase in revenue and contributed 50% of the group’s total revenue. The company secured a significant $42 million contract for the Project Ceres Urea Plant, marking a strategic expansion into Australia’s largest industrial access market. Despite a decline in the Formwork division due to project delays, Acrow’s overall revenue increased by 25% to $126.6 million, and the company declared an interim dividend of 2.90 cents per share.

More about Acrow Formwork and Construction Services Limited

Acrow Limited is a company operating in the construction services industry, specializing in formwork and industrial access solutions. The company focuses on providing large-scale industrial access solutions and has a significant presence in the Australian market, particularly through its Industrial Access division.

YTD Price Performance: 7.81%

Average Trading Volume: 1,439

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €217.9M

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