Ventia Services Group Limited · ASX:VNT
Ventia Services — H1 2026 Earnings Presentation
24 slides from Ventia Services's earnings presentation, Aug 24, 2026
Slide 1: HY26 Results Presentation
HY26 Results Presentation Dean Banks Managing Director and Group Chief Executive Officer Mark Fleming Chief Financial Officer
Slide 2: Acknowledgement of Country and Mihi
2 Acknowledgement of Country and Mihi Ventia would like to respectfully acknowledge the Traditional Custodians of country throughout Australia and their connection to land, sea and community. We pay our respect to them, their cultures and to their Elders past and present. He tautoko te ahurea i ngā
Slide 3: Safety is our licence to operate
3 Safety is our licence to operate Total Recordable Serious Injury Serious Claims Injury Frequency Frequency Rate2 Frequency Rate3 Rate1 17% improvement since HY22 38% improvement since HY22 48% improvement since HY22 3.93 3.25 0.34 9.71 0.21 5.07 HY22 HY26 HY22 HY26 HY22 HY26 1. Total Recordable In
Slide 4: Strong financial performance since HY22
4 Strong financial performance since HY22 Delivering on expectations NPATA growth1 EBITDA Margin1 +50.5% +1.3pp Realising sustainable growth Average renewal rate Work in Hand 92.2% +21.8% Benefits to shareholders Earnings per share1 Total Shareholder Return +75.9% +350% 1. Unless otherwise stated, a
Slide 5: HY26 result highlights
5 HY26 result highlights Total Revenue EBITDA $2,893.6m $273.3m decrease of 4.7% on HY25 increase of 8.2% on HY25 EBITDA Margin NPATA 9.4% $128.2m increase of 1.1pp on HY25 increase of 7.4% on HY25 Cash Conversion Work in Hand 93.8% $21.1b increase of 0.6pp on HY25 increase of 2.5% on HY25 Pictured:
Slide 6: Contract momentum underpins future growth
6 Average contract tenure Contract momentum underpins future growth 6.2 years1 Increase from 5.5 years since HY22 Work in hand $21.1 billion as at 30 June 2026, with average contract tenure of 6.2 years1u ~$340m Defence Maintenance Contract • 1-year extension with options to extend for a Optus • 2 c
Slide 7: Redefining Service Excellence in HY26
7 Redefining Service Excellence in HY26 Customer Focus Innovation Sustainability Customer Have Your Say VenSpark Fleet Transition 12 NPS1 140% increase on 2025 survey One ideation AI-platform 97% of our passenger fleet electric or hybrid 89% agree we enable them to achieve their goals 550+ ideas sub
Slide 8: Robust performance across the first half
8 Robust performance across the first half Delivering on Realising Benefits to sustainable expectations growth shareholders 9.4% EBITDA margin 98.5% Customer renewal rate 9.8% Interim dividend growth on HY25 93.8% Cash conversion $21.1b Work in Hand HY26 14.4% EPS growth on HY25 On track to deliver
Slide 9: Financial Results
Financial Results Mark Fleming – Chief Financial Officer Pictured: Ventia business graduates attending a development workshop at our Western Sydney office, NSW
Slide 10: Proven delivery of consistent performance
10 Proven delivery of consistent performance Total Revenue ($m) EBITDA and Margin ($m/%) 4,000 300 273.3 3,500 245.8 252.6 250 225.1 3,000 203.3 2,500 200 9.4% 8.3% 8.1% 8.1% 8.0% 2,000 3,082.5 3,037.2 2,893.6 2,786.8 2,510.0 150 1,500 1,000 100 HY22 HY23 HY24 HY25 HY26 HY22 HY23 HY24 HY25 HY26 NPAT
Slide 11: Statement of profit & loss
11 Statement of profit & loss Revenue Transition to new Base Services Contracts impacted Statutory P&L Underlying P&L revenue this period, partly offset by growth across the $ millions ($m) HY26 HY25 Delta HY26 HY25 Delta Group’s other three sectors Revenue 2,893.6 3,037.2 (4.7%) 2,893.6 3,037.2 (4.
Slide 12: Diversified portfolio driving resilient performance
12 Diversified portfolio driving resilient performance Defence and Social Infrastructure Telecommunications Transport Infrastructure Services Revenue Margin Revenue Margin Revenue Margin Revenue Margin $999.4m 9.1% $733.9m 10.3% $818.6m 12.0% $341.7m 9.3% ▼ 20.0% ▲ 1.0 pp ▲ 6.3% ▲ 1.5 pp ▲ 5.9% ▼ 0.
Slide 13: Delivery against capital allocation framework
13 Delivery against capital allocation framework Maintain Invest to grow Maximise total financial strength core business shareholder and flexibility returns Cash generation Capital investment Interim dividend 93.8% cash conversion up 0.6pp $53.6m 11.76 cents per share representing 1.9% of revenue in
Slide 14: Lengthened and diversified our debt profile
14 Lengthened and diversified our debt profile 30 June 2026 metrics ($m) Leverage Ratio1 Interest Cover Ratio2 13.3 12.5 3 14 Cash on hand 480.8 Headroom 10.8 to covenant 12 10.4 10.4 Drawn debt 1,050.0 10 2 Lease liabilities 179.1 1.6 8 1.3 1.4 Headroom Net debt 748.3 1.1 1.1 6 to covenant 1 Credit
Slide 15: Dividend 100% franked and buyback upsized
15 Dividend 100% franked and buyback upsized Reliable and On-market Increasing returns growing dividends buyback to shareholders Dividends Buyback program upsized to Growing investor returns 100% franked $300m across 2025 – 2027 25 20 Cents per share (cps) Interim dividend for HY26 Bought back to da
Slide 16: Outlook
Outlook Dean Banks – Managing Director and Group Chief Executive Officer Pictured: Members of the Western Roads Upgrade contract team at a pre-start meeting in Laverton, VIC
Slide 17: Exceptional market opportunity
17 Exceptional market opportunity Defence $16.0b1 AUKUS & Northern Force Estate Upgrades Infrastructure Maritime Posture and Remediation Resilience Digital Infrastructure Expansion of AI driven data Access $19.8b 1 core networks centre demand Satellite Networks Energy $21.9b 1 Grid Battery Energy St
Slide 18: Case studies across our strategic growth markets
18 18 Case studies across our strategic growth markets DEFENCE DIGITAL INFRASTRUCTURE ENERGY WATER Defence Maintenance Contract Telstra Edge DC Kowhai Park solar Yarra Valley Water Maintenance and support services for Build and management of edge data centres Design and construction of grid connecti
Slide 19: On track to deliver for 2026
19 On track to deliver for 2026 Delivering on Realising Creating expectations sustainable growth shareholder value NPATA growth High renewal rates Dividends 7-10% >90% 75% payout of NPATA Strong cash generation EBITDA margin at Buyback program >90% >9.0% $300m 2025-27 FY26 guidance – NPATA growth of
Slide 20: Disclaimer
20 Disclaimer This presentation is in summary form and is not necessarily complete. It should be read together with the Company’s 2026 Half Year Report lodged with the ASX on 24 August 2026 This presentation contains information that is based on projected and/or estimated expectations, assumptions o
Slide 21: Q&A
Q&A Pictured: Ventia Business graduates attending a development workshop in our office in Cremorne, VIC
Slide 22: Thank you.
Thank you. ventia Together we go further
Slide 23: Contract structure and customer profile mitigates risk
23 Contract structure and customer profile mitigates risk Revenue by Revenue by Revenue by escalation customer type1 contract profile1 mechanism1 12% 2% 30% 23% 23% 10% 65% 65% 70% Schedule of rates Indexation Public Cost Reimbursable Annual Review Private Fixed price Cost Reimbursable Short term or
Slide 24: Sectors split by end market
24 Sectors split by end market Defence and Social Infrastructure Services Telecommunications Transport Infrastructure 14% 9% 6% 30% 34% 38% 15% 44% 47% 33% 36% 94% Defence Resources Fixed Networks Operations and maintenance Social Infrastructure Water and Environment Operations and Services Technica
Ventia Services Group — H1 2026 Earnings Presentation on 6ix