SRG 0.48% $1.03 srg global limited

HERE TIS:HIGHLIGHTS FY21 EBITDA expected to be at the top end...

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    HERE TIS:
    HIGHLIGHTS
     FY21 EBITDA expected to be at the top end of previous guidance of $45m - $47m
     Strong FY21 operating cashflow (FY21 Net Cash of $12.2M from FY20 Net Debt of $8.4m)
     Strong margin performance with increased overall margins in second half
     Minimal impact of labour and COVID-19 challenges in FY21 due to the specialist nature of our business, diversity of service offering, diversity of sectors and geographic spread
     Record Work in Hand of $1b (up 41% from FY20)
     Well-funded for growth - available funds of $88.2m plus undrawn equipment facility of $27.7m
     Long term Strategy on track and well positioned for long term sustainable growth
     FY22 EBITDA expected to be ~15% higher than FY21 EBITDA result
    STRATEGIC HORIZONS
    Building the most sought-after specialist asset services, mining services and construction business
    Step change growth in recurring Asset Services
    Innovation and selective growth in Mining Services
    Targeted growth in specialist Civil Infrastructure Construction
    Specialist services and products in Building Construction with key repeat clients
    Two thirds annuity / recurring and one third project-based earnings
    Zero Harm / ESG industry leader and recognised employer of choice
    Key partner of choice in our specialised core markets with core clients
    Consistent, above market shareholder returns (EPS and TSR)
    Selective strategic acquisitions to complement capability / footprint
    Two thirds annuity / recurring and one third project-based earnings.

    Very nice. GLAH Mal....smile.png
 
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$1.03
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-0.005(0.48%)
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