Ashley Services reported a challenging FY25 with a 7.3% revenue decline but kicked off FY26 with record quarterly revenues and improved profitability, signaling a strategic turnaround.
Ashley Services Group reported a 60% jump in net profit for FY25 despite a 7.3% revenue decline, focusing on debt reduction and operational efficiency to fuel future growth.
Ashley Services Group reported a 7.3% revenue decline to $515.9 million in FY25 but achieved a 60.9% rise in net profit after tax to $2.17 million, driven by operational stabilisation and strategic contract wins.
Ashley Services Group reports a slight dip in FY25 EBITDA amid Victorian project delays and funding cuts, opting to suspend dividends to focus on debt reduction and future growth.