Service Stream lifts interim dividend despite softer first-half profit

Service Stream Limited ( (AU:SSM) ) has issued an announcement.

Service Stream Limited has reported results for the half year to 31 December 2025 showing revenue from ordinary activities of $1.14 billion, down 6.4% on the prior corresponding period, with statutory net profit after tax falling 19% to $26.8 million. Despite the revenue and profit decline, underlying EBITDA from operations edged up 2.3% to $75.3 million and adjusted NPAT slipped only 3% to $36.6 million, indicating more resilient underlying performance and cost control.

The board declared an increased interim dividend of 3.0 cents per share, up from 2.5 cents a year earlier, alongside a notable rise in consolidated net tangible assets per share to 20.33 cents from 13.99 cents. The mix of softer top-line growth but improving tangible asset backing and a higher dividend suggests management confidence in the company’s balance sheet and cash generation, although the weaker headline profit highlights ongoing margin and market pressures for investors to monitor.

The most recent analyst rating on (AU:SSM) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Service Stream Limited stock, see the AU:SSM Stock Forecast page.

More about Service Stream Limited

Service Stream Limited is an Australian infrastructure services provider listed on the ASX, delivering outsourced operational and maintenance services across essential networks. The company generates revenue from long-term contracts with utilities, telecommunications providers and other asset-intensive sectors, giving it broad exposure to recurring infrastructure work.

Average Trading Volume: 1,312,928

Technical Sentiment Signal: Buy

Current Market Cap: A$1.36B

For detailed information about SSM stock, go to TipRanks’ Stock Analysis page.