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SIQ — Smartgroup News Story

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Brief: Smartgroup Posts Half-Year Net Income Of A$42.4 Million

BRIEF-Smartgroup Posts Half-Year Net Income Of A$42.4 Million

- 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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