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SRG Global Forecasts Strong Earnings Growth

SRG Global Forecasts Strong Earnings Growth

SRG Global Limited (AU:SRG) has released an update.

SRG Global Ltd anticipates a robust financial performance with FY24 EBITDA at the higher end of guidance, exceeding $98 million, alongside a commendable cash conversion rate of over 115%. The company has successfully transitioned to a solid net cash position and projects a further EBITDA increase of about 10% in FY25, indicating sustained growth backed by a substantial $2 billion work backlog and diverse earning streams.

For further insights into AU:SRG stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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