Highlights

  • GenusPlus Group reported FY2026 Revenue of A$1,281.1 million.
  • The company operates across power, communications and infrastructure services.
  • GenusPlus secured construction work for TasNetworks' North West Transmission Developments.
  • The company completed the Acquisition of MPC Kinetic in July 2026.

GenusPlus Group Ltd (ASX:GNP) builds and maintains power and communications infrastructure across Australia. The company’s FY2026 results highlighted revenue growth, increased cash generation, acquisitions and involvement in major transmission projects.

FY2026 Financial Performance

GenusPlus reported FY2026 revenue of A$1,281.1 million, increasing 70.5% from A$751.3 million. Normalised EBITDA rose 49.6% to A$100.8 million, while statutory net profit after tax increased 38.5% to A$49.0 million.

Underlying NPAT was A$54.9 million and Basic Earnings Per Share was 26.75 cents. Operating cash inflow reached A$194.0 million, while cash stood at A$476.0 million at 30 June 2026.

Business Operations and Infrastructure Projects

GenusPlus operates across three segments: Infrastructure, Energy and Engineering, and Services. Infrastructure delivers projects across transport, water, power and oil and gas, while Energy and Engineering provides engineering, procurement and construction services.

The Services segment covers communications, vegetation management, environmental work, pole reinforcement and asset management. At balance date, the company employed 2,503 people along with 162 apprentices and trainees.

Recent Developments and Future Areas to Monitor

On 31 August 2026, GenusPlus confirmed construction would begin on Stage 1 of TasNetworks' North West Transmission Developments, a project valued by the company at approximately A$750 million. Completion is scheduled for 2029.

The company completed the acquisition of MPC Kinetic on 1 July 2026, adding capabilities in gas gathering, well servicing and major pipeline construction. GenusPlus is also engaged on the HumeLink transmission project in New South Wales.

GenusPlus reported an orderbook of A$2.2 billion and a tendered pipeline of A$3.6 billion. FY2027 guidance included EBITDA of approximately A$200 million to A$205 million and Capital Expenditure of A$65 million to A$70 million.

Key Insights

GenusPlus Group’s FY2026 performance reflects expansion across infrastructure services, supported by project activity, acquisitions and transmission opportunities. Future updates will provide further information on execution of major projects, integration of acquisitions and delivery against operational targets.