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Tasmea Forecasts Fiscal Year 2027 Earnings Growth Above 70%; Reaffirms Fiscal Year 2026 Guidance

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Tasmea (ASX:TEA) has issued fiscal year 2027 guidance forecasting underlying earnings before interest, taxes, and amortization of AU$202 million to AU$208 million and underlying net profit after tax before amortization of AU$128 million to AU$132 million, implying more than 70% year-on-year earnings growth versus fiscal year 2026, according to a Thursday filing with the Australian bourse.

The outlook is supported by a dual growth strategy of organic expansion and acquisitions, a record order book, over 120 master services agreements, and strong demand across infrastructure, mining, energy, data centers, and related sectors, per the filing.

The outlook is driven by assumptions that include a full-year contribution from the Maxim Group acquisition and 11 months from the JPS Group, as well as 10% to 15% organic growth from core operations and synergies across its national specialist services portfolio, the filing added.

Additionally, the company reaffirmed its fiscal year 2026 standalone guidance, first disclosed on June 24, for underlying earnings before interest and taxes and underlying net profit after tax of AU$117 million and AU$72.5 million, respectively.

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