EVT Ltd Reports Preliminary Final Results for FY2025
Key points
- Normalised revenue up 1.3% to $1,236.9 million
- Normalised EBITDA up 6.3% to $160.8 million
- Normalised profit after tax up 12.7% to $38.4 million
Full summary
EVT Ltd has reported its preliminary final results for the year ended 30 June 2025. Normalised revenue was $1,236.9 million, up 1.3% on the prior year, driven by growth in the Hotels and Resorts and Entertainment Australia and New Zealand segments. Normalised EBITDA was $160.8 million, up 6.3%, and normalised profit after tax was $38.4 million, up 12.7%. The results were impacted by ex-Tropical Cyclone Alfred in early 2025, which the company estimates had a $2.2 million EBITDA impact. The company's balance sheet remains strong, with net debt of $331.9 million, $261.4 million of undrawn debt facilities, and a property portfolio valued at around $2.3 billion. The company continues to execute on its strategic priorities of growing revenue, maximising asset value, and driving business transformation initiatives.
Guidance
The company did not provide any high-importance, price-sensitive forward-looking financial guidance.
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