Shape Australia Hits 2: 1/2-month high on upbeat FY26 earnings guidance

SHAPE Australia

12/05/2026 02:01

** Shares of SHAPE Australia SHA.AX rise 8.3% to A$7.28, their highest level since Feb 23

** Construction services firm estimates FY26 NPAT to be between A$30.0 million ($21.71 million) and A$32.0 million, ~47% up from FY25

** Sees FY26 revenue A$1.175 billion and A$1.225 billion, up 22.8% from last year

** Shares on track for best day since Feb 18 if gains hold

** Stock up 19.1% YTD

($1 = 1.3818 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com;))