Australia's SRG Global gains on $1.33 billion contracts, upgrades 2026 earnings outlook
02/06/2026 03:00
BUZZ-Australia's SRG Global gains on $1.33 billion contracts, upgrades 2026 earnings outlook ** Shares of SRG Global SRG.AX rise as much as 17.2% to A$3.68, their record high level
** Diversified infrastructure services provider secures A$1.85 billion ($1.33 billion) of contracts across water, defence, energy, industrial, resources, ports, data centers, health, and education
** FY26 EBITDA forecast upgraded to the top end of A$164 million to A$168 million range, says co
** FY27 EBITDA forecast initiated in the range of A$190 million to A$200 million, adds co
** Stock up 14.3% this year, including the day's move
($1 = 1.3961 Australian dollars)
(Reporting by Sherin Sunny in Bengaluru)
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