ACF.Acrow Formwork and Construction Services LTd

[percy]

Download Document 96.64KB

1. "Acrow also takes the opportunity to re-iterate its guidance for revenue of circa. $106m, EBITDA of $23.5m-$24.5m and underlying NPAT $8.7m-$9.5m for the FY21 financial year. The Company continues to target circa. 20% EBITDA growth for FY22."

Acrow Industrial Services Division Enjoying Rapid Growth

Another excellent upgrade.

[percy]

Another very positive announcement/.
https://cdn-api.markitdigital.com/ap...df02a206a39ff4

[Joshuatree]

Yeah great stuff. market seems a bit of an unbeliever maybe thinking margins a bit skinny? Happy holder here anyways atp. Your link didnt work for me heres anotherDownload Document 91.62KB

[percy]

Yeah great stuff. market seems a bit of an unbeliever maybe thinking margins a bit skinny? Happy holder here anyways atp. Your link didnt work for me heres anotherDownload Document 91.62KB

Thanks JT.

[traineeinvestor]

Agree the announcement was another very positive one.

I keep going back to the chart on page 7 of the last results presentation showing a massive projected increase in infrastructure spending over the next few years. For a company doing what ACF does, it should be like shooting fish in a barrel.

Disclosure: hold

[percy]

Great seeing ACF hitting a new two year high today at 39.5 cents.
Have been tracking sideways for months.
Just perhaps we are taking off.!

[percy]

https://cdn-api.markitdigital.com/ap...df02a206a39ff4
Share price currently 43.5 cents.

[percy]

44.5 cents close tonight.
Looks as though we are off to the races..lol.

[traineeinvestor]

Still plenty of room to run on this filly.

I like that management are being proactive with the announcements + have plenty of skin in the game.

[percy]

https://cdn-api.markitdigital.com/ap...df02a206a39ff4
https://cdn-api.markitdigital.com/ap...df02a206a39ff4