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An update from Acrow Formwork and Construction Services Limited ( (AU:ACF) ) is now available.
Acrow Limited reported a strong financial performance for FY25, with a 23% increase in sales revenue to $265.1 million, driven primarily by its Industrial Access division, which now accounts for 50% of the group’s revenue. Despite challenges in the formwork market, the company achieved an 8% growth in underlying EBITDA, highlighting its strategic focus on diversifying revenue streams and investing in new products. The company’s strategic positioning and operational readiness are set to capture opportunities from major infrastructure projects, especially with the upcoming Queensland Olympics.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$1.80 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 Formwork and Construction Services Limited operates in the construction industry, focusing on providing formwork and scaffolding solutions. The company is known for its Industrial Access division, which contributes significantly to its revenue through long-standing client relationships and recurring revenue streams.
YTD Price Performance: -0.94%
Average Trading Volume: 388,141
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$324.9M
See more insights into ACF stock on TipRanks’ Stock Analysis page.