With AU$12.3 million in new employment contracts, Acrow Limited (ASX: ACF) achieved unprecedented success in June and 2024, contributing to a total of AU$78.3 million—a 17% increase over the previous year. With an AU$2.5 million deal, the business placed its most significant order for screens from Royal Formwork for Meriton projects. A record AU$189 million was reached in Acrow's sales pipeline, up 33% from the prior year due to a rise in industrial scaffold and Jumpform product tenders.
Steven Boland, the CEO of Acrow Limited, has expressed optimism for the company's future expansion. This positive outlook is backed by the Industrial Services division's estimated income for FY25, which has increased from AU$5 million to AU$13 million. This growth is attributed to a major contract increase with Kent at the Ampol Refinery in Brisbane. Acrow Limited, with its expertise in clever integrated construction systems, is poised for further success and expansion throughout Australia.
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