SRG Global

Today, SRG Global teams across our operations came together for R U OK? Day, raising awareness about the significance of mental health and reinforcing our supportive workplace culture. We encourage genuine discussions in the workplace, and R U OK? Day offers a valuable opportunity for our employees to connect and check in with each other. Mental health is a priority, and R U OK? Day serves as an important reminder that asking a simple question can provide crucial support. By fostering open and safe spaces for dialogue, we strive to strengthen connections and conversations about mental well-being. #SRGGlobal #Haveeachothersback #RUOKDay #MentalHealthMatters 

SRG Global’s Specialist Facade and Structures West Teams are proud to be a part of this state-of-the-art project that will reshape the Perth CBD and redefine higher education in Western Australia. SRG Global has been engaged by Multiplex for the structural concrete and specialist facade packages. Initially, our Structures West team delivered the structural concrete package, a fundamental element of the campus construction which has played a pivotal role in ensuring the safety, durability, and aesthetic appeal of the buildings. For this groundbreaking project, SRG Global has taken an innovative approach to drive collaboration in the design, manufacture and installation of the curtain wall facade. Our specialist facades team has been working collaboratively with Multiplex and the architectural design team for over 18 months to develop a facade that not only complements the building’s aesthetic but also integrates seamlessly with its function and environment. Through this process factors such as energy efficiency, natural light optimisation, and material selection have been considered. For this iconic project SRG Global built a Visual Mock-Up (VMU), that served as a powerful collaboration tool to allow stakeholders to visualise and evaluate the proposed facade design in a prototype environment. By building full size panels of different facade types the architects can review specific details, finishes, glass selection and materials chosen during sampling. This not only streamlines the design process but also helps to identify and address potential issues before they arise during manufacturing and installation.

We are excited to share that Diona is now officially part of SRG Global. Diona’s market-leading position in program and asset management services in water security and energy transition with utilities / government agencies under long-term collaborative program and asset management agreements, complements SRG Global’s current end-to-end full asset life cycle capability in water, defence, resources, transport and energy transition.

This is us. Meet Clayton Henry. #SRGGlobal #Thisisus #Smartertogether

SRG Global has delivered our financial results for FY24 and announced the transformational acquisition of Diona. Highlights include: • FY24 Revenue of $1,069.3m, up 32% from FY23 • Underlying FY24 EBITDA1 of $98.5m, up 23% and EBIT(A)1 of $65.6m, up 31% from FY23 • Excellent cash generation in FY24 with EBITDA to cash conversion of 117% • Transitioned to net cash of $17.8m from net debt of $17.0m in FY23 • 2H fully franked dividend of 2.5cps up 25%, total FY24 dividend of 4.5cps up 13% on FY23 • Transformational acquisition of Diona for $111m; EPS accretion of circa 10% • Record Work in Hand of $3.0b (incl $1b from Diona) and Opportunity Pipeline of $8.5b • FY25 EBITDA2 guidance increased to circa $125m David Macgeorge, Managing Director said, “SRG Global continues to make significant progress in the execution of our strategy. Our record FY24 result is underpinned by strong business fundamentals, excellent cash generation and solid operational delivery for our blue-chip client base. “The transition to a truly diversified infrastructure services company is continuing to deliver results. Our FY24 financial performance is clear evidence of the strength and diversity of our business and is testament to the hard work of all our people at SRG Global. “I am pleased to announce the transformational acquisition of Diona who is a market leader in the water security and energy transition sectors. Diona is a leading end-to-end delivery partner with unparalleled self-perform capability through long-term program and asset management agreements with utility / government agencies. Diona is complementary to SRG Global’s service offering in highly attractive growth markets and geographic locations; and will further enhance our strong track record of cross-selling our end-to-end services. Diona is a financially attractive acquisition with a pro forma FY24 EPS accretion of circa 10% and brings a capital light investment profile; and more than $1 billion Work in Hand with a strong Opportunity Pipeline.” To view the full ASX announcement visit: https://lnkd.in/g4kC3XXV

SRG Global’s Nathan Steiner, Will Grobler, Nick Margetic, Chris Freeman, Jay McDonnell and Alfie Clark are attending the Diggers and Dealers Mining Forum in Kalgoorlie from 5-7 August. Visit SRG Global’s stand at Booth 113 to learn more about our integrated capabilities for the mining sector.

This week, SRG Global celebrated the opening of our Rockingham Facility in Western Australia. We welcomed academy members from the Clontarf Foundation, who took part in a smoking ceremony, networked with Defence industry personnel and SRG Global team members, joined a guided tour of the facility, and heard from SRG Global’s Managing Director, David Macgeorge. City of Rockingham Mayor Deb Hamblin officially opened our facility, which will support our construction and maintenance activities in the region.

SRG Global is pleased to announce our FY24 market update and the outlook for FY25. Highlights include: - FY24 EBITDA expected to be at the upper end of guidance at $98m - $99m - Excellent FY24 operating cashflow with EBITDA to Cash Conversion of > 115% - Net Cash position of $17.8m in FY24 from Net Debt position of $17.0m in FY23 - Continued strong margin performance underpinned by excellent operational execution - Record Work in Hand of $2b with an Opportunity Pipeline of $6.5b - Strategic transformation to a circa 70% annuity / recurring earnings profile is delivering results - FY25 EBITDA expected to be circa 10% higher than FY24 EBITDA result David Macgeorge, Managing Director said, “SRG Global continues to take significant steps forward in the execution of our strategy. We expect our FY24 EBITDA to be at the upper end of previous guidance, underpinned by new contract wins, excellent operating cashflows, continued strong margins and operational delivery for our blue-chip client base.” To view the full ASX announcement visit https://lnkd.in/da6qyhqC

SRG Global is excited to join in the nationwide celebration of NAIDOC Week this month, which honours the rich cultural heritage, achievements, and contributions of Aboriginal and Torres Strait Islander peoples.   This year’s theme highlights the enduring strength and vitality of First Nations culture, with fire symbolising the deep connection to Country, to each other, and to the rich tapestry of traditions that define Aboriginal and Torres Strait Islander peoples.   As part of our NAIDOC Week celebrations, SRG Global team members across various sites will engage in activities to honour and celebrate the rich culture and contributions of Australia’s First Nations people. 

SRG Global's Ross Boucher, Stephen Martin and Stuart McIntosh are attending the Australia Wind Energy 2024 Conference and Exhibition in Melbourne on 10-11 July.   SRG Global offers a comprehensive wind-farm solution, covering balance of plant construction including design optimisation through ground anchors and cost-effective bases, asset integrity inspection and windfarm maintenance.   Visit SRG Global’s stand at Booth H61 to learn more about our integrated capabilities.   #AUwe2024