AI assistant
GENUSPLUS GROUP LTD — Interim / Quarterly Report 2026
Mar 17, 2026
65005_rns_2026-03-17_083eba50-e1c4-4b22-a84d-6e2953e89686.pdf
Interim / Quarterly Report
Open in viewerOpens in your device viewer
EUROZ INVESTOR CONFERENCE – ROTTNEST 2026
==> picture [314 x 272] intentionally omitted <==
Image: HumeLink East Transmission Project, NSW. The first of more than 460 dual-circuit 500 kV transmission towers being completed.
CONTENTS
OUR COMPANY
==> picture [347 x 186] intentionally omitted <==
==> picture [52 x 186] intentionally omitted <==
==> picture [50 x 50] intentionally omitted <==
| OUR COMPANY | |
|---|---|
| HY2026 Financial Highlights | 03 |
| HY2026 Highlights | 04 |
| Key Metrics | 05 |
| FY2026 Outlook | 06 |
| Financial Overview | 07 |
| Segments & Group Snapshot | 08 |
| Infrastructure | 09 |
| Energy & Engineering | 10 |
| Services | 11 |
ADDITIONAL INFORMATION Appendix
12
2
HY2026 FINANCIAL HIGHLIGHTS
==> picture [53 x 61] intentionally omitted <==
. Genus are proud to report our Maiden Interim Dividend of 2.0 cents per share
==> picture [40 x 41] intentionally omitted <==
Record HY Revenue of $535.4m $ 535.4M Up 61% on PCP
==> picture [47 x 37] intentionally omitted <==
Net cash provided by operating activities of $73.7m Up 201% on PCP
$ 73.7M
==> picture [36 x 35] intentionally omitted <==
Record Normalised HY EBITDA of $46.3m $ 46.3M Up 69% on PCP
==> picture [39 x 35] intentionally omitted <==
Orderbook of $2.4 billion (up 23% from June 2025) and Forecast FY26 Recurring revenue up circa 20%.
$2.4B
==> picture [40 x 36] intentionally omitted <==
Record Statutory NPAT of $24.9m FY2026 CAPEX forecast to be $40 - $45 million due to
Up 82% on PCP growth capex mainly attributable to HumeLink,
Basic EPS 13.8 cps, Diluted EPS 13.6 cps (based on NPAT) $ 24.9M TasNetworks NWTD, Western Power CELN and Western $40-45M Up 80% on PCP Renewables Link projects.
==> picture [42 x 42] intentionally omitted <==
Cash Balance of $178.1m (up $17.2m) Net Cash of $127.0m (up $13.5m)
$ 178.1M
==> picture [43 x 43] intentionally omitted <==
Significant increase in Bank Guarantee and Surety Bond Facilities to $515 million, up from $260 million $515M at 30 June 2025, leaving headroom of $278.6 million
3
HY2026 HIGHLIGHTS
==> picture [61 x 65] intentionally omitted <==
Genus are proud to report a record-breaking half-year, achieving exceptionally strong growth across all areas of the business.
KEY PROJECT AWARDS
==> picture [49 x 38] intentionally omitted <==
==> picture [41 x 39] intentionally omitted <==
==> picture [40 x 44] intentionally omitted <==
==> picture [31 x 44] intentionally omitted <==
Western Power- Clean Energy Link Additional Works
Alinta Energy – Wagerup Battery Project
FMG - Decarbonisation Contracts
AusNet Construction - Western Renewables Link
$110M
$50M
$60M
$1.6B (in JV with Acciona)
CORPORATE MATTERS
==> picture [39 x 42] intentionally omitted <==
Acquisition of Railtrain to strengthen Genus’ rail position in the infrastructure sector.
==> picture [40 x 38] intentionally omitted <==
Executed a $429m revolving syndicated facility agreement
==> picture [48 x 36] intentionally omitted <==
Appointment of NED Tony Narvaez on 21/11/2025
4
KEY METRICS
==> picture [48 x 48] intentionally omitted <==
==> picture [48 x 49] intentionally omitted <==
Injury Statistics
• Total Recordable Injury Frequency Rate (TRIFR) at 31 December 2025 was 3.5.
Sustainability / ESG
Genus has commenced development of our Climate Transition Plan, capturing data from FY22–FY25 and is on track to be delivered in line with Corporations Act requirements at the end FY26.
Apprentices & Trainees FY22 FY23 FY24 FY25 HY26 TOTAL 87 95 89 123 134
Employee Headcount FY22 FY23 FY24 FY25 HY26 TOTAL 950 835 1059 1558 1930
5
FY2026 OUTLOOK
==> picture [139 x 38] intentionally omitted <==
Strong momentum continues throughout the Group with a record orderbook of $2.4 billion (excluding recurring revenue) up from $2.0 billion at June 2025 provides confidence to support earnings forecast as announced on 22[nd] January 2026 to circa 35%* in reported normalised EBITDA in FY2026.
Recurring revenue forecast to grow at circa 20%** in FY2026.
A tendered pipeline of $2.6 billion remains firm despite converting significant tenders to contract awards in FY25.
Genus continues to see significant opportunities throughout the Group and are well placed to capitalise on the transition of energy networks and the decarbonisation of the Australian energy industry.
Orderbook & Pipeline (A$ millions)
==> picture [423 x 231] intentionally omitted <==
----- Start of picture text -----
3,000
2,582
2,434 2,409
2,500
1,985 2,003
2,000
1,500
1,000
519
375
500 224 311
-
Recurring Works Orderbook Tender Pipeline
FY2024 FY2025 FY2026F H1 FY2026
----- End of picture text -----
Genus will continue to explore M&A opportunities through acquisitions into new geographical locations and capabilities.
Note: * The Orderbook includes significant contract awards as announced to the ASX with final contract values estimated based on current expected program, schedule and customer approvals proceeding.
** Revenue from recurring works includes long term customer/Panel revenue and revenue from long term supply & maintenance contracts. It excludes supply & maintenance revenue and minor projects from repeat customers that are not on long term contracts. Recurring works p.a. refers to the actual/forecast for one year.
6
FINANCIAL OVERVIEW
Record Revenue of $535.4 million up 60.8% on pcp. Record Normalised EBITDA $46.3 million up 69.2% on pcp.
Record Statutory NPAT for the half year $24.9 million up 81.6% on pcp.
Normalisations:
Acquisition legal and advisory costs $0.5 million.
EC&M claim receipts $0.5 million.
Acquisition Amortisation expenses of $1.1 million relate to acquisition of intangibles.
Basic EPS 13.84 cps, up 80.0% and Diluted EPS 13.58 cps, up 79.7%
==> picture [139 x 38] intentionally omitted <==
| Profit & Loss Statement (A$ millions) H1 FY2025 H1 FY2026 Change |
||
|---|---|---|
| Revenue 332.9 535.4 60.8% |
||
| Normalised EBITDA 27.4 46.3 69.2% |
||
| Depreciation & amortisation expenses (5.6) (8.1) |
||
| Normalised EBIT-A 21.7 38.2 75.8% Acquisition amortisation (1.1) (1.1) Normalisations 1 (1.2) - |
||
| EBIT 19.4 37.1 91.0% |
||
| Statutory NPAT 13.7 24.9 81.6% |
||
| NPAT-A 14.5 25.6 77.2% |
||
| EPS - Basic - Diluted 7.69 7.56 13.84 13.58 80.0% 79.7% |
- See reconciliation in the Appendix on page 21 for more information. Due to rounding, the numbers presented may not add.
7
SEGMENTS & GROUP SNAPSHOT
==> picture [145 x 85] intentionally omitted <==
==> picture [69 x 72] intentionally omitted <==
GENUSPLUS GROUP
INFRASTRUCTURE
Consolidated Revenue HY26 $535.4m
Revenue HY26 $345.8 Up 89% on PCP
Up 61% on PCP
Bringing together industry-leading expertise and sector experience, we deliver comprehensive services across the entire infrastructure lifecycle. From planning, design, and construction to testing, maintenance, and decommissioning, we provide reliable, future-ready solutions tailored to the evolving needs of infrastructure networks.
GenusPlus Group is a specialist infrastructure and services provider operating across Australia. With years of practical experience, we design, construct and maintain infrastructure networks across energy, communications and rail providing a turnkey solutions for our customers.
==> picture [87 x 90] intentionally omitted <==
ENERGY & ENGINEERING
Formerly Industrial Services
Revenue HY26 $151.5m
Up 62% on PCP
We deliver end-to-end Engineering, Procurement, and Construction (EPC) solutions, offering a comprehensive range of in-house design capabilities across communications and energy assets. Our expertise spans from concept and design through to construction and commissioning—ensuring seamless integration, efficiency, and quality in every phase.
==> picture [101 x 72] intentionally omitted <==
==> picture [71 x 79] intentionally omitted <==
SERVICES
Formerly Communications
Revenue HY26 $70.9m
Up 11% on PCP
We deliver integrated infrastructure solutions across communications, vegetation management, environmental services, pole reinforcement and asset management integrating technical expertise with operational delivery.
8
INFRASTRUCTURE MARKET DRIVERS
The momentum of new energy projects connecting to the National Electricity Market (NEM) continues to build.
In the Dec 2025 Quarter 18 projects (3.8 GW) received application approval, 10 projects (1.9 GW) were registered, and 9 projects (1.8 GW) reached full output across the NEM.
The projected 10,000km of transmission projects by 2050 are projected to reduce costs for consumers by delivering benefits that would recoup their $16 billion investment costs, save consumers a further $18.5 billion in avoided costs, and deliver emissions reductions valued at $3.3 billion.
==> picture [331 x 134] intentionally omitted <==
Source: AEMO Draft ISP 2026 | AEMO NEM Engineering Roadmap 2024 | AEMO Connections Scorecard February 2025
==> picture [31 x 31] intentionally omitted <==
Storage capacity to increase significantly
Batteries, virtual power plants, pumped hydro
==> picture [120 x 39] intentionally omitted <==
----- Start of picture text -----
NOW 2030 2050
3 GW 19 GW 57 GW
----- End of picture text -----
Grid-scale wind and solar to increase 7-fold
==> picture [120 x 39] intentionally omitted <==
----- Start of picture text -----
NOW 2030 2050
19 GW 57 GW 128 GW
----- End of picture text -----
Distributed solar PV to increase 4-fold Rooftop solar, other distributed solar
==> picture [120 x 39] intentionally omitted <==
----- Start of picture text -----
NOW 2030 2050
21 GW 36 GW 86 GW
----- End of picture text -----
Electricity consumption from the grid to nearly double
==> picture [120 x 39] intentionally omitted <==
----- Start of picture text -----
NOW 2030 2050
174 TWh 202 TWh 313 TWh
----- End of picture text -----
Gas-powered generation to increase
Coal generation to be withdrawn
While current midCapacity to merit plants will all be retired by: retire within that period
==> picture [268 x 39] intentionally omitted <==
----- Start of picture text -----
NOW 2050 2030 2038
11 GW 16 GW 46% 100%
----- End of picture text -----
9
ENERGY & ENGINEERING STRATEGY UPDATE
Capitalising on Market Growth:
Leveraging the rapid expansion of the energy sector by aligning our capabilities and resources to meet increasing demand. Through targeted investment and strategic workforce expansion, we are strengthening our position as a leading provider of EPC, engineering services, remote monitoring solutions, and operations & maintenance in the Utility and energy market.
Renewable energy penetration by state as proportion of generation
National 40%
==> picture [177 x 85] intentionally omitted <==
----- Start of picture text -----
QLD
28.8%
WA
38% SA
75.8% NSW
36.3%
----- End of picture text -----
Strong Client Partnerships & Value Creation:
By building strong relationships and consistently delivering value, we are proud to work with a growing number of return clients. Leveraging our capabilities across EPC, engineering services, remote monitoring, and operations & maintenance, we continue to support our clients beyond project delivery.
Proven Execution & Long-Term Value:
With proven execution and a focus on long-term value, we have built strong relationships with return clients who trust us to deliver. Combining EPC expertise with engineering, remote monitoring, and operations & maintenance, we provide lifecycle support that ensures performance, reliability, and sustainable outcomes, strengthening our position as a trusted partner in the renewable energy market.
VIC 40.2% TAS 95.5%
==> picture [426 x 131] intentionally omitted <==
Source: Clean Energy Australia Report 2025
10
SERVICES STRATEGY UPDATE
Sector Outlook
Telecommunications : Australia’s telecom sector is driven by network construction and upgrades, underpinned by NBN upgrades, 5G deployment and demand for resilient digital infrastructure. Genus is well-positioned through its national footprint, strong carrier and utility relationships, and proven delivery capabilities.
Utilities : Addressing rising opex/capex pressures with advanced asset management and inspection trials, including drones, improving data quality and supporting future AI-enabled asset management.
Vegetation Management : Diversifying services for existing customers and other utilities with vegetation management critical to delivering integrated, efficient infrastructure and energy solutions.
==> picture [80 x 80] intentionally omitted <==
----- Start of picture text -----
DEFENCE
----- End of picture text -----
Future Opportunities
==> picture [310 x 284] intentionally omitted <==
----- Start of picture text -----
MINING
FACILITIES
MANAGEMENT
WATER
----- End of picture text -----
==> picture [80 x 80] intentionally omitted <==
----- Start of picture text -----
PUBLIC
INFRASTRUCTURE
----- End of picture text -----
11
==> picture [139 x 38] intentionally omitted <==
APPENDIX
Reconciliation of Non-IFRS Financial Information
==> picture [46 x 45] intentionally omitted <==
NOTES:
EBITDA/EBIT-A/NPAT-A are non-IFRS measures that are unaudited but derived from auditor reviewed HalfYear Financial Statements. These measures are presented to provide further insight into GenusPlus Group’s performance.
EBIT-A and NPAT-A are adjusted for Amortisation expense relating to Acquisition of Intangible assets.
| Reconciliation of Non-IFRS Financial Information | ||
|---|---|---|
| $ Millions H1 FY2025 H1 FY2026 |
||
| Profit for the year (as reported) 13.7 24.9 Add Back Amortisation relating to acquisition intangible assets after tax 0.8 0.8 |
||
| NPAT-A 14.5 25.6 Add Back: • Acquisition costs 0.6 0.4 • ECM net claim (income) costs 0.2 (0.4) Normalised Net profit after tax (NPAT-A) 15.3 25.7 Add back tax expense 7.1 11.9 Normalised profit before tax (PBT- A) 22.4 37.6 Add back: Finance (income) costs (0.7) 0.6 |
||
| Normalised earnings before interest & tax (EBIT-A) 21.7 38.2 Add back; Depreciation & amortisation expense (excludingacquisition intangible assets) 5.6 8.1 |
||
| Normalised earnings before interest, tax, depreciation & amortisation (EBITDA) 27.4 46.3 |
12
Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.
DISCLAIMER
IMPORTANT NOTICE
This presentation has been prepared by GenusPlus Group Ltd ( Genus or the Company ) . It contains general background information about the Company’s activities current as at the date of this presentation. It is information given in summary form and does not purport to be complete. The content should be read in conjunction with the companies periodic and continuous disclosure announcements lodged with the Australian Securities Exchange which are available at www.asx.com.au and available on the company's website at www.genus.com.au .
No Offer
This presentation and any oral presentation accompanying it is not (and nothing in it should be construed as) an offer, invitation, solicitation or recommendation with respect to the subscription for, or recommendation to purchase, hold or sell of any security in any jurisdiction, and neither this document nor anything in it shall form the basis for any contract or commitment. The presentation is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. These should be considered, with or without professional advice, when deciding if an investment is appropriate.
The Company has prepared this presentation based on information available to them, including information derived from publicly available sources that has not been independently verified. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness, correctness or reliability of the information, opinions or conclusions expressed in this presentation.
Any statements or assumptions in this presentation as to future matters may prove to be incorrect and differences may be material. To the maximum extent permitted by law, none of the Company, their directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it.
Forward Looking Statements
Certain statements contained in this presentation, including information as to the future financial or operating performance of the Company and its projects, are forward looking statements. Such forward looking statements: a) are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies; b) involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward looking statements; and c) may include, among other things, statements regarding estimates and assumptions in respect of prices, costs, results and capital expenditure, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. The Company disclaims any intent or obligation to publicly update any forward looking statements, whether as a result of new information, future events or results or otherwise.
The words “believe”, “expect”, “anticipate”, “indicate”, “contemplate”, “target”, “plan”, “intends”, “continue”, “budget”, “estimate”, “may”, “will”, “schedule” and similar expressions identify forward looking statements. All forward looking statements contained in this presentation are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly recipients are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein.
13