Symal Group (SYL) Investor Presentation summary

Business overview and market focus

• Diversified services provider focused on infrastructure, power and renewables, utilities, data centres, defence, and buildings and facilities.

• Work-in-hand valued at $1.76bn as of June 2025, with ~$1.5bn in open early contractor involvement projects.

• Workforce includes ~1,500 office and site-based employees, supported by over 2,000 contractors.

• Comprehensive east coast presence with 22 main and regional offices, yards, and operational facilities.

• Actively seeking acquisition opportunities, prioritizing Queensland, New South Wales, and South Australia.

Financial performance and guidance

• EBITDA has grown from $48m in FY22 to $106m in FY25, with FY26 guidance of $117–127m.

• Dividend payout ratio targeted at 30–50% of NPAT.

• Strong cash generation with a target of ~100% cash conversion and a robust balance sheet.

• Utilizes non-IFRS financial measures such as normalised and pro forma results, EBITDA, and EBIT.

Growth strategy and priorities

• Expanding market share organically and inorganically across infrastructure, power, renewables, utilities, data centres, and defence.

• Focus on recurring revenue, client base expansion, and broadening capabilities, especially in QLD, NSW, and SA.

• Targeting additional services in data centres and defence, including acquisitions to enhance offerings.

• Market opportunities include $310b in infrastructure, $110b in power/renewables, $52b in utilities, and $765b in defence over the next 5–10 years.