• Strong safety and environmental performance with zero enforceable actions
• Solid operational and financial results, including $1.4b in Underlying EBITDA
• Significant improvement in shareholder value per share

Whitehaven Coal has reported its FY25 results, showcasing a strong safety and environmental performance with zero enforceable action events. The company's operations in Queensland and New South Wales delivered solid operational and financial outcomes, with $1.4 billion in Underlying EBITDA and $319 million in Underlying NPAT before non-recurring items. The company achieved an average price of A$215 per tonne, demonstrating resilience in a subdued market. Whitehaven's sales volumes grew by 61% year-on-year, reflecting the acquisition of the Queensland operations and strong underlying demand. The company also highlighted a significant improvement in shareholder value, with equity sales per share growing 2.5x and EBITDA per share increasing by more than 3x compared to pre-acquisition levels.

Whitehaven expects FY26 depreciation for NSW operations of approximately A$16-18 per tonne and for Queensland operations of approximately A$23-28 per tonne, with Group amortisation of approximately A$6 per tonne.