Brief: AGL Energy Sees FY26 Underlying Net Profit After Tax Between A$580 Mln-A$680 Mln

AGL Energy

11/02/2026 01:27

Feb 11 (Reuters) - AGL Energy Ltd AGL.AX:

SEES FY26 UNDERLYING NET PROFIT AFTER TAX BETWEEN A$580 AND A$680 MILLION

TARGETING A$50 MILLION OF SUSTAINABLE NET OPERATING COST REDUCTIONS IN FY27

SEES FY26 UNDERLYING EBITDA BETWEEN A$2,020 AND A$2,180 MILLION

DIVESTMENT OF TILT RENEWABLES EXPECTED TO BE COMPLETED IN Q3

STRATEGIC, LONG-TERM PARTNERSHIP WITH AUSSIE BROADBAND

DIVESTMENT OF OUR TELECOMMUNICATIONS BUSINESS

THE AGREEMENT WILL SEE THE DIVESTMENT OF OUR TELECOMMUNICATIONS BUSINESS

400K TELECOMMUNICATIONS CUSTOMER SERVICES ACQUIRED BY ABB IN EXCHANGE FOR PROCEEDS OF A$115 MILLION OF SHARES IN ABB

ISSUANCE OF ABB SHARES TO AGL IS EXPECTED TO OCCUR IN JUNE 2026

Further company coverage: AGL.AX

 ((Reuters.Briefs@thomsonreuters.com;))