SRG Global's Guidance Lift Shows Strength of Diversified Infrastructure Services Model, Says Euroz Hartleys, Shares at All-Time High

MT Newswires Live

06/02

SRG Global's (ASX:SRG) guidance upgrade continues to demonstrate the strength of the company's diversified infrastructure services model, according to a Tuesday Euroz Hartleys note.

The company on Tuesday upgraded its fiscal year 2026 guidance after securing AU$1.85 billion of contracts with blue-chip clients in a range of sectors.

The upgrade beats Euroz Hartleys' current underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) forecast, and the research firm said it is looking at its forecasts with an upward bias.

Euroz Hartleys kept a buy rating on SRG Global and an under review price target of AU$3.51.

The company's shares rose 16% to a new all-time high in recent Tuesday trade.

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