Tag: australia_and_new_zealand

Ventia to Consolidate Sectors and Target $60m Annual Savings Under New CEO

11 Nov 2026 3:10 p.m.

The infrastructure services provider will fold its operating sectors into three from 1 December 2026 and expects about $30 million in one-off costs, while keeping FY26 guidance of 7-10% underlying NPATA growth.

Business Australia Economy Financial Markets Employment and Labor Energy Military Ventia Mark Ralston Mark Fleming cost savings telecommunications NPATA guidance Ventia Services Group restructuring FY26 outlook Defence and National Resilience Australia and New Zealand