BWA | JUL | 2026

BWA | JUL 2026 73 its FY25 results release, Symal said it exceeded Prospectus guidance, delivering normalised EBITDA of $106.1 million and normalised NPAT of $45.7 million. Those numbers give weight to the broader operating narrative. Symal is clearly moving beyond the profile of a fast-growing private contractor into something more institutional: a listed infrastructure and civil-services platform with enough scale to pursue landmark public works while still leaning on the execution culture that built the business in the first place. The company’s own commentary around FY25 emphasised expansion, stronger client relationships and continued investment in people and capability. One of the strongest examples of that bigger-project ambition is the Eastern Freeway Upgrades: Burke Road to Tram Road package in Victoria. Symal said it was awarded the contract to deliver the first stage of the Eastern Freeway Upgrades in alliance with Major Road Projects Victoria, Laing O’Rourke, Arcadis and WSP. The project includes road and bridge enhancements, a new interchange connecting to the North East Link tunnels, new traffic-management technology, and Melbourne’s first dedicated busway.

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