ASX:KLS

4 stories mentioning ASX:KLSUpdated just now

Every FINWIRES story that references ASX:KLS, newest first.

Kelsian Group Excludes SeaLink Rottnest From Sale of Tourism Portfolio to Journey Beyond; Shares Gain 5%

Kelsian Group (ASX:KLS) reached an agreement to exclude its SeaLink Rottnest ferry service from the proposed sale of its tourism portfolio to Journey Beyond for AU$161 million, according to a Wednesday filing with the Australian bourse.The Australian Competition and Consumer Commission (ACCC) is assessing the divestment as two separate applications: the tourism portfolio excluding SeaLink Rottnest for a total consideration of AU$145.8 million, and SeaLink Rottnest for a total consideration of AU$15.2 million."Having removed SeaLink Rottnest from the transaction perimeter, we are confident we have a compelling case for ACCC approval of the remaining tourism portfolio transaction," said Kelsian Group CEO Graeme Legh.Kelsian plans to continue to operate SeaLink Rottnest, and expects the remaining tourism portfolio sale to complete in the first half of fiscal 2027.The company's shares gained 5% in recent Wednesday trade.

ASX:KLS

Asia3h ago

Kelsian Group Fiscal 2026 EPS Before Amortization, Revenue Up

Kelsian Group (ASX:KLS) logged AU$0.409 in earnings per share before amortization for fiscal 2026, compared with AU$0.35 a year ago, a Wednesday filing showed.For the 12 months ended June 30, revenue from ordinary activities was AU$2.4 billion versus AU$2.21 billion previously, the Australia-listed public transport services provider added.The board declared a final dividend of AU$0.10 per share, up from AU$0.095 a year earlier, payable Oct. 21 to shareholders of record as of Sept. 15.The company expects fiscal 2027 underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) between AU$320 million and AU$335 million, with capex of about AU$123 million, including AU$15 million deferred from fiscal 2026.

ASX:KLS

Asia55d ago

Kelsian Group Wins Auckland Ferry Contracts; Agrees to Acquire Belaire Ferries

Kelsian Group (ASX:KLS) and Belaire Ferries won new contracts from Auckland Transport to provide passenger ferry services in the city, following their submission of a joint bid, according to a Thursday filing with the Australian bourse.Services under the new contracts will start July 1, 2027, with expected revenue generation of NZ$101 million over the initial seven-year term, per the filing.Kelsian will procure five new ferries over the contract term to replace the initial ferry fleet at a total estimated capital cost of NZ$38 million.Additionally, Kelsian has agreed to acquire Belaire Ferries for NZ$8.9 million to expand its presence in the New Zealand market. The deal includes upfront cash consideration of NZ$2.8 million in addition to deferred and contingent consideration estimated at NZ$6.1 million, payable between fiscal 2027 and fiscal 2029 if certain milestones are met.The acquisition is expected to complete in the first quarter of fiscal 2027.

ASX:KLS

Asia85d ago

Kelsian Group Unit Strikes AU$500 Million Public Bus Service Contract Extension in Sydney

Kelsian Group (ASX:KLS) unit Transit Systems West signed a two-year contract extension with Transport for New South Wales for public bus services in the inner west region of Sydney, according to a Tuesday filing with the Australian bourse.Services under the contract will start July 1, with the company securing about AU$500 million in additional revenue over the extension period, per the filing.The contract includes the operation and maintenance of 528 buses from four depots, as well as a fleet replacement program to supply an additional 151 fully electric buses.

ASX:KLS

Track with the FINWIRES app suite

FolioX

Track ASX:KLS in your portfolio

WheelAI

Analyze ASX:KLS options with the wheel strategy

StockInsider

See market sentiment on ASX:KLS