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Acrow
Acrow (ACF) investor relations material
Acrow AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary13 Nov, 2025
Opening remarks and agenda
Meeting opened with confirmation of quorum and introduction of board members and executives.
CEO Steven Boland led the AGM presentation, outlining the company's focus on engineering and construction excellence and setting the agenda for strategic and financial updates.
Outlined procedures for shareholder participation, including Q&A and voting instructions for both in-person and online attendees.
Financial performance review
FY25 revenue reached $265.1m, up 23% from FY24, with EBITDA at $80.2m, an 8% increase.
Underlying net profit rose 4% to AUD 34.3 million; underlying EPS decreased 3% due to increased share base.
NPAT for FY25 was $34.3m, up 4% year-on-year, and EPS was 11.2c.
Total dividends declared at AUD 0.58 per share, consistent with prior year, reflecting a strong yield.
The company has delivered a 7% CAGR in revenue and 25% CAGR in EBITDA since FY19.
Strategic initiatives and plans
Successfully integrated acquisitions (Brand Australia, Above Scaffolding, ATEC, MI Scaffold, Benchmark Scaffolding), expanding industrial access and training capabilities.
Diversification strategy emphasized, with industrial access now half of business and recurring revenue from blue-chip clients.
Major capital investment in Jumpform, screens, and industrial access to drive growth and labor-saving solutions.
Accelerated capital program in FY25 with $39.7m total capex, focusing on growth and operational efficiency.
ERP system upgrade to go live in 2026, enhancing scalability and efficiency.
Expansion into new sectors (defense, marine, bridge maintenance) and geographic markets (South Australia, Western Australia).
Pause on M&A for FY25 and anticipated pause in FY26 to consolidate recent acquisitions, with potential recommencement in FY26.
Industrial Access impact on group margins?
Acrow's advantage from labor shortages?
Outlook for Queensland construction market?
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Next Acrow earnings date
H1 202626 Feb, 2026
Acrow
Next Acrow earnings date
H1 202626 Feb, 2026
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Frequently asked questions
Acrow Limited is an Australian company providing scaffolding, formwork, and construction services for infrastructure, commercial, residential, and industrial projects. The company offers a range of products, including scaffolding systems, formwork for concrete structures, and related access solutions, supporting safe and efficient construction operations. Acrow serves clients across Australia and works with contractors in sectors like infrastructure, mining, and property development. The company also provides engineering and project management support, tailoring solutions to meet specific project needs. The company is headquartered in Sydney, New South Wales, and its shares are listed on the ASX.
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