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GenusPlus upgrades FY26 guidance on strong growth
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GenusPlus upgrades FY26 guidance on strong growth

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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.

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