
GenusPlus upgrades FY26 guidance on strong growth
National essential power and communications infrastructure provider GenusPlus Group (ASX:GNP) announced an upgrade to its financial guidance for the FY26 financial year.
The revised outlook marks an increase from the company’s previous guidance issued on Jan 22.
Genus anticipated a circa 35% growth in normalised FY26 EBITDA, targeting approximately $91 million compared to the normalised FY25 EBITDA of $67.4 million.
Under the newly upgraded projections, the company now expects normalised EBITDA to land between $96 million and $100 million.
The updated figure represents a 42% to 48% growth compared to the prior financial year's results.
Additionally, Genus has provided updated guidance for its normalised EBIT(A), which is expected to finish between $76 million and $80 million, excluding acquisition amortisation.
Management noted that approximately $2 million to $3 million of the projected EBITDA growth is expected to be derived from its recent acquisition of Railtrain Holdings, a transaction that was completed on April 1.