Acrow Secures March New Hire Contracts Worth Over AU$14 Million, Discloses Fiscal 2027 Guidance; Shares Hit Over Two-Year Low
MT Newswires Live
Apr 01
Acrow (ASX:ACF) said it secured new hire contracts of AU$14.3 million in March, a record month in its history, with its hire revenue pipeline now sitting at a record AU$256 million, up 34% on the prior corresponding period, according to a Wednesday Australian bourse filing.
The company issued initial fiscal year 2027 guidance for revenue of AU$335 million to AU$350 million and earnings before interest, taxes, depreciation, and amortization of AU$88 million to AU$98 million.
The company's shares rose 5% in recent Wednesday trade, after hitting their lowest since October 2023 earlier in the session.
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