InfraBuild announces half year financial results

InfraBuild today announced an improvement across all financial metrics, with the business delivering solid financial and operational results for H1 of the 2022 Financial Year.

Commenting on the results, InfraBuild CEO and Managing Director, Vik Bansal said:

“We’ve continued our strong start to Financial Year 22 with half-year net revenue of $AUD2.94 billion.”

“Volumes are strong with growth across all segments, and we continue to improve on our safety performance as we make further progress on our Good to Great Journey.”

Performance highlights

Comparison made with H1, FY21 results:

• Net revenue – $AUD2.94 billion up 41%
• EBITDA – $AUD314m up 109%
• Safety (TRIFR) – improved 24%
• Volumes – up 7%