Financial Results

Highlights

The results for the 12-month period ended 30 June 2025, were in line with expectations and were achieved despite ongoing cost pressures in an inflationary environment.

The strong growth in revenue, up 9.5% to $2,208.9 million, was achieved with growth across all three divisions and geographies. Pleasingly, all three divisions delivered growth in EBITDA and EBIT during the period reflecting operational excellence, disciplined cost control and efficiencies.

Most of our public transport contracts include contract indexation mechanisms which protect the business from fluctuations in the cost base for fuel, wage inflation and CPI. The solid growth in AAAHI was achieved with several new contracts commencing during the period delivering improved profitability.

FY25 Underlying EBITDA, adjusted for one-off costs during the period, was up 7.4% to $285 million, and in line with guidance provided at the FY24 results in August 2024.

🎧 Click HERE to listen to the results presentation MP3