SHAPE Australia FY25 trading update

SHAPE Australia Corporation Limited (ASX: SHA) has released a trading update for FY25, reporting significant growth in project wins and a robust project pipeline. The company has secured $350 million in project wins in the first four months, compared to $291 million in the same period last year, and has a backlog of orders amounting to $480.3 million.

Summary and outlook for SHAPE Australia

SHAPE Australia (ASX: SHA) is experiencing substantial growth in FY25, with $350 million in project wins recorded in the first four months and a backlog of $480.3 million. The company is thriving across core operations and key growth areas: regional expansions, new Design & Build capabilities, and AFM services. Despite challenges like rising construction costs and project delays, SHAPE's project pipeline exceeds $3.3 billion. The company focuses on value engineering and talent acquisition to sustain growth and deliver excellent client outcomes throughout FY25.

Executive insights on SHAPE Australia's growth

The construction sector remains resilient despite challenges such as rising costs and high-interest rates.