Abergeldie reports record year, with $676M Annual Turnover
The Abergeldie Group has released its inaugural FY24 Annual Report, signifying its prominence as a leading infrastructure contractor in Australia and New Zealand. Abergeldie achieved an impressive 25% increase in annual turnover, reaching $676M.
CEO Mark Bruzzone said “We are thrilled to report that FY24 was another remarkable year of growth for Abergeldie, delivering the complex infrastructure needed to build better communities. We secured some fantastic projects and won significant framework contracts that position us well for the future. Our continued investment in our functional capability, systems, processes and learning and development is helping to improve productivity and efficiency. This success would not have been possible without the unwavering support of our valued clients and partners as well as the hard work, dedication and commitment from our staff”.
FY24 Performance highlights:
- $676M Annual Turnover, ^25%
- $48.6M EBITDA, ^ 60%
- $2.84B Work in Hand, ^ 43%
- 742 Staff, ^13%
- 79% Net Promoter Score
- $500K in charitable donations
You can download a copy of the FY24 Annual Report here.
Abergeldie has entered FY25 in a very strong position to celebrate its 30th year and has developed a 5-year strategic plan for the business which will lead it to 2030, aiming to double turnover to $1.2B by FY30.