Community Solutions PerformanceCommunity Solutions occupancy for FY25 of 84% delivered $39.2m of EBIT, with current contracted occupancy at 82% for FY26 and upside likely from new contracts and the spot market.
Future EarningsAnalyst maintains a BUY recommendation and increases the price target to $3.46/share based on increasing confidence in stronger than expected short term earnings and longevity of Searipple.
Revenue Stability65% of revenue for Building Solutions is repeatable work, further supported by a $115m orderbook at end of August, largely de-risking revenue and EBIT for FY26.