IPD Group's 1H25 earnings forecast

IPD Group (ASX:IPG) has announced its earnings guidance for the half-year ending December 31, 2024. The company expects to achieve EBITDA between $22.5 million and $23.1 million, and EBIT ranging from $19.2 million to $19.8 million. This guidance is based on unaudited results and reflects IPD's growth trajectory despite commercial construction sector challenges.

IPD Group's strategic outlook

IPD Group has released earnings guidance for 1H25, highlighting anticipated EBITDA and EBIT figures, demonstrating the company's growth trajectory. Despite challenges in the commercial construction sector, IPD reports a significant increase in order backlog and monthly orders, indicating a rise of 50% and 39% respectively compared to the previous year on a Pro Forma basis. The company is investing in its operational capacity to manage larger orders, which may impact short-term margins but is expected to support future growth. IPD specializes in energy management and automation solutions, focusing on innovation and contributing to electrification and decarbonization efforts. Further updates on performance will be shared at the Annual General Meeting on November 26, 2024.

Insights from IPD's executive team

We are pleased with our revenue growth amid challenging conditions and are seeing a shift towards larger, more complex orders. We are adapting our operations to better manage these changes and remain optimistic about future growth and improvements to IPD's value proposition.