Ventia has upgraded its guidance for the 2025 financial year, reporting a 10-12% growth in underlying net profit after tax (NPATA) compared to the previous year.
The company achieved record work winning, with $4.3 billion in contract wins during the first half of the year, contributing to a 19.4% increase in work in hand, which reached $20.6 billion.
Ventia's revenue for the six months ended June 30, 2025, was $3 billion, down 1.5% from the previous year.
However, its earnings before interest, tax, depreciation, and amortisation (EBITDA) increased by 2.8%, and NPATA rose by 11.9%.
The company also announced an increase in its on-market buyback program, with an additional $50 million, bringing the total to $150 million in 2025.
Ventia declared an interim dividend of 10.71 cents per share, representing a 14.5% growth year-on-year.
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