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SRG GLOBAL LIMITED AGM Information 2021

Oct 13, 2021

65852_rns_2021-10-13_874f48b9-7013-4be1-a8f1-cd0c2762cd05.pdf

AGM Information

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14 October 2021

SRG Global reaffirms FY22 guidance and forecasts strong growth at Annual General Meeting

SRG Global Limited (‘SRG Global’ or ‘the Company’) (ASX: SRG), an engineering-led global specialist asset services, mining services and construction group, delivers it’s FY21 Annual General Meeting including an updated outlook on FY22.

Highlights

  • FY22 EBITDA guidance reaffirmed at ~15% higher than FY21 EBITDA result

  • Record Work in Hand of $1b with an Opportunity Pipeline of $6b

  • Strong liquidity / balance sheet position to support growth working capital requirements

  • Earnings profile of two thirds annuity earnings in FY22 and beyond

  • Continued execution of a clear strategy and well positioned for long term sustainable growth

SRG Global is well positioned for long term sustainable growth with two thirds annuity-style earnings and positive exposure to a diverse range of sectors and geographies across the asset services, industrial and mining sectors and government stimulus programs in the infrastructure and construction sectors.

SRG Global has reaffirmed its FY22 EBITDA guidance at ~15% higher than FY21 EBITDA result.

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Investor Contact SRG Global Judson Lorkin (08) 9267 5400

About SRG Global

SRG Global is an engineering-led global specialist asset services, mining services and construction group operating across the entire asset lifecycle of engineer, construct and sustain. The Company operates three segments of Asset Services, Mining Services and Construction. For more information about the variety of services offered by SRG Global, click here.

This announcement was authorised for release to ASX by the Managing Director.

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