ARA Fire have not always got it right, but each time they missed the mark, they learned from it, and they did better in the future. They are continuously getting better and better as a business and as an organization.
Fortunately, the current year's financial results demonstrate the continuous improvement they have achieved.
Operating Results
2023 was the eighth consecutive year of record operating earnings. EBITDA increased from USD 50.5 million in 2022 to USD 67.2 million in 2023, an increase of USD 16.7 million, or 33%. Each ARA Division and each business unit within each division, contributed to this significant increase in earnings.
Significantly, more than half of the increase in EBITDA was due to organic growth
From the time they founded ARA, they always said that if each profit center was profitable, they would deliver exceptional results. That is exactly what they did this financial year. Significantly, more than half of the increase in EBITDA was due to organic growth.
The ARA Team
The ARA workforce is now 3,000 people strong. People are spread out around Australia and New Zealand in more than 100 locations. Given the size, operating strength and the exceptional capabilities of all of employees, ARA has become a significant commercial and industrial services business.
ARA works hard to have a culture of engagement and inclusion with the workforce. ARA would not be where they are as a company unless all 3,000 of them work together. They work hard and rise to the challenge.
ARA lead through example, uplift their teammates, and provide extraordinary customer service. They embody the resourceful spirit of ARA and they are indispensable to the success.
