Ventia Services hits record high, Morningstar raises fair value estimate on growth outlook

Ventia Services

15/08/2025 02:21

** Australia's Ventia Services Group Ltd VNT.AX rises 1.2% to A$5.345, hitting a record high

** Analysts at Morningstar raise fair value estimate for 'fairly valued' infrastructure service provider by 8% to A$5.40, noting improved FY25 margins and growth outlook

** Sees co's compound annual growth rate in the addressable market size at 4.7% to A$104 billion ($67.56 billion) by FY 2029

** Sees revenue increase in parallel with market growth

** Ups midcycle EBITDA margin forecast to 7.5% from 7.2%

** Says co well placed to capitalise on strong market trends, including high urban densities, and energy transition-driven investments

** Co expects FY25 uNPATA to grow 10-12% over FY24

** YTD, stock up 48.3%

($1 = 1.5394 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com))