Brief: Smartgroup Posts Half-Year Net Income Of A$42.4 Million
BRIEF-Smartgroup Posts Half-Year Net Income Of A$42.4 Million Aug 27 (Reuters) - Smartgroup Corporation Ltd SIQ.AX:
H1 EBITDA MARGIN 41%
H1 NET DEBT AUD 35.4 MILLION
H1 EBITDA AUD 73.8 MILLION
H1 ADJUSTED FREE CASH FLOW AUD 50.8 MILLION
H1 REVENUE AUD 179.5 MILLION
H1 NET INCOME AUD 42.4 MILLION
DECLARED INTERIM DIVIDEND OF 21.5 AU CENTS PER SHARE
CY26 CAPEX EXPECTED TO BE A$13M-A$15M
WHILE DEMAND TRENDS HAVE MODERATED FROM EXCEPTIONAL LEVELS EXPERIENCED DURING H1, DEMAND REMAINS ROBUST
CONTINUE TO TARGET EBITDA MARGINS IN MID-40S RANGE DURING 2027
Further company coverage: SIQ.AX
((Reuters.Briefs@thomsonreuters.com;))
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