SKS Technologies Group (SKS) H2 2026 earnings summary

Executive summary

• Achieved record performance in FY 2026, with sales revenue up 33.0% to $347.93M and all key metrics showing double-digit growth year-over-year.

• EBITDA increased by 80.8% to $42.43M, NPAT up 93.2% to $27.11M, and profit before tax up 89.3% to $39.35M.

• Major acquisition and integration of Delta Elcom expanded presence in New South Wales and the Sydney data centre market.

• Workforce expanded by 22.7% to around 1,300 staff, supporting increased project delivery and maintaining a 12-year safety record.

• Order book increased 56% to $312M, with a pipeline of $1.69B in open tenders, 87% in data centres.

Financial highlights

• Sales revenue up 33% year-over-year to $347.93M; EBITDA up 80.8% to $42.43M; EBIT up 86.0% to $38.38M.

• Profit before tax margin improved to 11.2% for FY26, up from 7.9% in FY25.

• Operating cash flow reached $45.66M, with cash reserves at $49.6M and no long-term debt.

• Earnings per share increased 91.2% to 23.45 cents; dividend for the year increased to 10 cents per share, up 66.7%.

• Net cash flows decreased 41.2% to $17.13M due to acquisition costs.

Outlook and guidance

• FY27 revenue forecast at approximately $500M, with profit before tax expected around $60M.

• Starting FY27 with $312M work in hand, requiring an additional $50M in new wins to meet guidance.

• Strong conviction in pipeline conversion, with potential upside depending on project timing.

• Continued strong demand in data centre and traditional sectors, with flexible growth strategy.