SOUTHBANK: Boom Logistics Limited (ASX: BOL) reported a robust full-year result for FY25, with operating earnings per share (EPS) surging 38% to 22 cents, underpinned by strategic fleet renewal, disciplined cost controls, and strong project activity in renewables and transmission lines.
Revenue rose 2% year-on-year to $265 million, while EBITDA climbed 9% to $50 million. Operating net profit after tax (NPAT) reached $9.3 million, up 41% from FY24. Statutory NPAT, including a $14 million deferred tax benefit, totaled $23.3 million.
CEO Ben Pieyre credited the performance to Boom’s strategic focus on asset rejuvenation, margin management, and sector diversification. “Boom’s strong customer contracts and role in Australia’s energy transition continue to drive shareholder value,” Pieyre said.
Operational highlights included zero lost time injuries in FY25, 86% asset utilization, and over $65 million in new and renewed contracts. The company declared a 2 cents per share dividend and executed $2 million in share buybacks. FY26 capital management may include up to $4 million in buybacks, subject to board approval.
Boom expects continued growth in renewables and infrastructure, supported by government subsidies and private investment, positioning the company for further EPS gains in FY26.