• Volume down 5% to 67,800 tonnes
• EBITDA down $3.2 million to $58.3 million
• EBIT $34.5 million, NPAT $32.5 million (including $3.6m tax benefit)

Capral Limited (ASX: CAA), Australia's largest extruder and distributor of aluminium products, has released its financial results for the 12 months ending 31 December 2024 (FY24). The full year earnings were slightly down from the prior year's record and ahead of guidance, supported by Capral's diversified industry exposure. Key highlights include volume down 5% to 67,800 tonnes, EBITDA down $3.2 million to $58.3 million, EBIT of $34.5 million, and NPAT of $32.5 million (including a $3.6 million tax benefit). Capral's Managing Director, Tony Dragicevich, commented that delivering strong earnings for another year is a very satisfying result and a reflection of how far Capral has progressed in being able to deliver solid earnings during a continued softness in the housing market. Capral remains resilient in the face of higher interest rates and ongoing inflationary pressures, and is well-positioned to capitalize on its extensive capabilities, take opportunities as they present, and grow the business for the future.

At this time and absent any unforeseen events, Capral expects earnings for FY25 to be broadly in line with the prior year.

The overall market for Capral's products is forecast to remain steady during 2025, and Capral expects to see a lift in the residential market later in the year. Capral should be in a position to continue to return capital to shareholders by way of share buy-backs and unfranked dividends as required.