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Tasmea Ltd. ( (AU:TEA) ) has issued an announcement.
Tasmea Limited reported a significant increase in revenue and profit for the financial year ended June 30, 2025, with revenue rising by 37% and profit after tax increasing by 74.9% compared to the previous year. The company has strategically expanded its operations through several acquisitions, including West Coast Lining Systems, Future Engineering Group, Flanco Civil, and Vertex Group, enhancing its market position in the geomembrane lining, powerline infrastructure, and electrical services sectors. These acquisitions aim to capitalize on the growing demand for electrification and renewable energy solutions in Australia, strengthening Tasmea’s footprint in key regional markets and supporting its strategy to partner with high-performing businesses.
The most recent analyst rating on (AU:TEA) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
More about Tasmea Ltd.
Tasmea Limited operates in the engineering and infrastructure sector, providing services such as powerline infrastructure design, supply, and installation, as well as geomembrane liner installation and civil services for mining and infrastructure sectors. The company focuses on expanding its presence in the Western Australian market and enhancing its capabilities in electrification and renewable energy integration.
Average Trading Volume: 351,557
Technical Sentiment Signal: Buy
Current Market Cap: A$1.03B
For a thorough assessment of TEA stock, go to TipRanks’ Stock Analysis page.