Seven Group Holdings Hits Record High on Earnings Update, 1H25 Net Profit More Than Doubled

2 min read | February 11, 2025 11:32 AM AEDT | By Team Kalkine Media

Seven Group Holdings Hits Record High on Earnings Update, 1H25 Net Profit More Than Doubled — Image source: Shutterstock

Earnings Surge Past Expectations

SGH reported 1H25 net profit of AU$523.5 million, easily surpassing market expectations of AU$482.7 million. The strong performance was driven by robust earnings growth across its key investments, including Boral (ASX:BLD), WesTrac, and Coates Hire.

Boral, which is majority-owned by SGH, delivered AU$259 million in EBIT, reflecting a 29% year-on-year increase. This growth was attributed to strong operational execution and improved market conditions.

FY25 Outlook: Confidence in Sustained Growth

Despite the impressive first-half performance, SGH reaffirmed its full-year guidance, maintaining expectations for high single-digit EBIT growth in FY25. This cautious yet optimistic stance suggests the company remains confident in its diversified investment portfolio and operational efficiencies.

Stock Performance and Market Sentiment

SGH shares have been on a strong upward trajectory, rising 13.1% year-to-date, including today’s gains.

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