FY23 Results Presentation
FY23 RESULTS PRESENTATION
ventia
Performance demonstrates the benefit of a diversified portfolio
Defence &
Social Infrastructure
Revenue
$2.4b 12.4%
EBITDA
$160.4m 4.6%
Work in Hand
$6.0b FLAT
Drivers of the full year result
Extension of existing contracts in FY23 with
clients including NSW WofG¹ Cleaning
Services, Auckland Council and City of
Sydney
Renewal and growth of existing
contracts including the Defence
Maintenance contract and the one-year
extension of the Base Services contract
Margin has expanded due to project
improvement program which commenced
in 2H22
Infrastructure
Services
Revenue
$1.3b 7.8%
EBITDA
$115.6m▲2.7%
Work in Hand
$5.0b 7.4%
Drivers of the full year result
Resources and Industrials business grew,
driven by the expansion of scope from key
clients including Chevron and BHP
Strong demand for Rigs and Wells, with new
work underpinning higher rig utilisation
Margin reflects shift in work mix towards
long term O&M contracts from short term
capital works
Telecommunications
Revenue
$1.4b ▲21.3%
EBITDA
$173.1m 22.7%
Work in Hand
$2.2b ▲ 37.5%
•
Drivers of the full year result
Higher contract volumes with long term
strategic customers such as Telstra and nbn
Contribution from new contracts such as
the Square Kilometre Array Observatory
(SKAO)
Continued ramp-up of contracts including
Telstra's Inter-capital fibre build, and
upgrade of the Defence high-
frequency network project
Transport
Revenue
$636.8m 22.7%
EBITDA
$45.1m 16.2%
Work in Hand
$4.9b FLAT
Drivers of the full year result
Full 12 month benefit of Sydney Harbour
Tunnel and Auckland Transport
West contracts
Part year contribution from the 6 year
contract with Transurban Queensland
(mobilisation Aug '23)
•
Increased work volume in New Zealand to
support the community through storm
recovery activity
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1. Whole of GovernmentView entire presentation