tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Service Stream Limited Reports Strong FY25 Financial Results and Market Growth

Story Highlights
  • Service Stream Limited reported a 1.2% increase in revenue and strong financial performance for FY25.
  • The company secured over $4.2 billion in contracts, enhancing its market position and future growth prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Service Stream Limited Reports Strong FY25 Financial Results and Market Growth

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Service Stream Limited announced its financial results for FY25, reporting a total revenue of $2,420 million, a 1.2% increase from the previous year. The company achieved a 13.1% rise in EBITDA from Operations and a 36.7% increase in NPAT-A, reflecting strong financial performance and operational efficiency. The business secured over $4.2 billion in contracted works, enhancing its work-in-hand pipeline significantly. The company also declared a final dividend of 3.0 cps, marking a 22.2% increase in full-year dividends. These results underscore Service Stream’s successful execution of its value creation strategy and its robust position in the market, with continued demand for its services and improved safety performance.

The most recent analyst rating on (AU:SSM) stock is a Buy with a A$2.35 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 a leading provider of essential network services, focusing on critical infrastructure maintenance and upgrade works. The company operates across various markets, delivering services to an expanded client base, and is known for its scalable platform and strong market presence.

Average Trading Volume: 2,528,517

Technical Sentiment Signal: Buy

Current Market Cap: A$1.28B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1