Ventia Services Group Limited Analysis

Overview

Ventia is a leading essential infrastructure services provider in Australia and New Zealand and is structured across four Sectors:

• Defence & Social Infrastructure (D&SI);
• Infrastructure Services (IS);
• Telecommunications; and
• Transport.

Ventia has extensive capabilities across the full asset lifecycle including Operations and Maintenance (O&M), Facilities Management (FM), Minor Capital Works (MCW), Environmental Services (ES) and other solutions.

Ventia’s purpose is ‘making infrastructure work for our communities’ and its number-one brand promise is ‘safety and health above all else’. Ventia’s strategy is to ‘Redefine Service Excellence’, by being client-focused, innovative and sustainable.

Performance

The following information was extracted from Ventia Services Group Limited's half year results, released 14 August 2025:

Ventia upgrades guidance, achieves record work winning, and increases buyback program

Key underlying metrics:

• Upgrade FY25 Guidance: to underlying NPATA growth of 10-12% on FY24

• On-market buyback program increased by $50 million to $150 million in 2025

• Work in Hand $20.6 billion, up 19.4%

• Revenue of $3.0 billion, down 1.5% • EBITDA of $252.6 million1, up 2.8%, margin up to 8.3%1

• NPATA $119.4 million1, up 11.9% • Interim dividend of 10.71 cents per share, franked at 90%

• Operating cash flow conversion of 93.2%1, up 2.5pp

• TRIFR2 improved by 8.7%

• Earnings per share growth of 16.5%1

Ventia Services Group Limited (Ventia) today announced its financial results for the six months ended 30 June 2025, reporting an 11.9% increase in NPATA to $119.4 million. EBITDA rose 2.8%, while revenue was slightly lower at $3.0 billion, down 1.5% year-on-year. Record work in hand was delivered, reaching $20.6 billion, up 19.4% compared to HY24, supported by $4.3 billion of contract wins during the half.

Reflecting this solid performance and confidence in the outlook, Ventia has increased its FY25 guidance for underlying NPATA growth of 10-12% compared to FY24 statutory NPATA.