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Acrow reports $336M revenue for FY26
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Acrow reports $336M revenue for FY26

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  • Acrow reported a 27% increase in full-year revenue to $336 million.
  • Underlying net profit after tax fell 20% to $27.6 million alongside a reduced final dividend.
  • The company stated that 2027 revenue and earnings guidance were upgraded following recent strategic acquisitions.

Acrow (ASX:ACF) reported $336 million in revenue for the 2026 financial year, benefitting from a 53% increase from the Industrial Access division, contributing 60% of group revenue.

Underlying net profit after tax declined by 20% to $27.6 million compared to the prior corresponding period.

Gross profit came to $160.4 million, up 11%, with a 36% uplift from Industrial Access. FY26 EBITDA declined by 8% to $56.6 million.

Acrow spent $54.5 million to acquire the Preston’s SuperDeck business and AusGroup Industrial Services.

These acquisitions were supported by a $70 million underwritten placement and a $16 million share purchase plan.

Following the announcement, the Acrow share price was unchanged at $0.97.

The industrial access division generated more than $200 million, representing 60% of total group revenue.

Acrow has upgraded FY27 guidance for revenue and EBITDA by 2% and 4%, respectively. For FY27, the company is budgeting for around $30 million in capital expenditure.

The company expects FY27 revenue to be around $195-$215 million.

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