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Symal Group Limited ( (AU:SYL) ) has provided an announcement.
Symal Group Limited announced that it is on track to exceed its FY2025 EBITDA guidance, with a forecasted Normalised EBITDA of approximately $105 million, surpassing the Prospectus guidance of $102.3 million. Despite a slight decrease in revenue due to project timing shifts, the company maintains a strong work-in-hand position of $1.46 billion and continues to secure significant project wins across various sectors. The company is also progressing its inorganic growth strategy, with recent acquisitions and investments in its recycling business, Sycle, and is assessing further acquisition opportunities.
The most recent analyst rating on (AU:SYL) stock is a Buy with a A$2.15 price target. To see the full list of analyst forecasts on Symal Group Limited stock, see the AU:SYL Stock Forecast page.
More about Symal Group Limited
Symal Group Limited operates in the construction and infrastructure industry, focusing on delivering projects across sectors such as Defence, Renewable Energy, Data Centres, Road Infrastructure, Facilities, and Community Infrastructure. The company is known for its self-performing model and has a significant presence in Victoria and other target growth states.
Average Trading Volume: 81,351
Current Market Cap: A$401.5M
For a thorough assessment of SYL stock, go to TipRanks’ Stock Analysis page.