GNP genusplus group ltd

Ann: Earnings guidance upgrade & Rail update, page-4

  1. 21,003 Posts.
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    Nice to have an earnings UPgrade in the current environment
    Feather in the GNP cap - even if it is partly through acquisitions.


    Earnings guidance upgrade & Rail update

    FY2025 Trading update

    National essential power and communications infrastructure provider GenusPlus Group Ltd (ASX: GNP ) (Genus or the Company) is pleased to announce an increase in its EBITDA guidance for the FY2025 financial year.

    The revised FY2025 guidance incorporates a better than forecast financial result for the June 2025 quarter resulting from a combination of projects completing ahead of expectations and the addition of a number of acquisitions contributing to the second half of the financial year.

    Based on the Company’s latest financial performance and market indicators, Genus anticipates growth in normalised FY2025 Organic EBITDA1, compared to normalised FY2024 EBITDA of $45.3 million, to be between 28% - 32%, plus the addition of Acquisition EBITDA2 of $4-6 million.

    The upgraded guidance, recent contract awards, full year contributions from acquisitions, strong orderbook andincreased momentum in industry tailwinds, supports management’s confidence in the continued growth and resilience of the business in the current market environment and its continued growth in FY2026 and beyond.

    Genus remains committed to delivering long-term value to our shareholders and stakeholders.
    We believe that our continued focus on safety, customer satisfaction and expertise including to support the national energy transition will
    sustain our growth trajectory and drive shareholder returns.




    Genus Awarded Arc Infrastructure Upgrade Works

    Genus is pleased to announce that the recently acquired MGC Solutions has had a successful award of a multi-year agreement with Arc Infrastructure to support the Level Crossing Upgrade and Renewals Project (Project), estimatedat approximately $20 million.
    Under this agreement, MGC Solutions will provide comprehensive end-to-end design and construction services for significant upgrades to 46 level crossings within Arc Infrastructure's network as part of a rolling five-year program.


    The scope of work encompasses the following core disciplines:
    • Procurement and Design;
    • Civil and Structural Construction;
    • Electrical Installation; and
    • Testing and Commissioning


    This Project will deliver greater public safety at these critical interfaces between the public and the Arc Networks andfurther reinforces the partnership between MGC Solutions and our valued client, Arc Infrastructure.

    Having recently announced the acquisition of MGC (see ASX announcement from 3 April 2025), GenusPlus’ Managing Director David Riches said: “Genus and MGC are delighted to have secured this important contract and we look forward to continuing to develop our relationship with Arc, and look forward to delivering the works safely, and successfully for all parties.”

    This contract marks another step forward in Genus’ growth trajectory and reflects the company’s continued progress towards becoming a nationally scaled, Tier 1 contractor of choice across Australia’s critical infrastructure sector.
 
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