
Tasmea forecasts up to $208M in FY27 EBITA
- Tasmea released its financial year 2027 earnings guidance, projecting over 70% year-on-year growth.
- Following the announcement, the company's share price increased to $9.53.
- The growth is driven by the company's twin-pillar strategy of organic growth and programmatic acquisitions.
Tasmea (ASX:TEA) forecasts a financial year 2027 underlying EBITA of $202–208 million, representing over 70% year-on-year growth.
This guidance follows a multi-year compound annual earnings growth rate of more than 50 per cent since the company's initial public offering.
The company stated the figures include contributions from the Maxim Group and JPS Group acquisitions.
The acquisitions remain subject to customary conditions, including approval from the Australian Competition and Consumer Commission under the new merger regime.
Following the announcement, the Tasmea share price was up at $9.53.
Tasmea maintains a portfolio of businesses providing specialist maintenance, shutdown, and sustaining capital upgrade services across Australian industries.
The company currently holds more than 120 active master service and facilities management agreements following its recent customer acquisitions.