Replacement Announcement - DGL FY25 Results Presentation

• FY25 revenue of $481.5m, up 4% vs pcp
• FY25 cash flow from operations of $44.7m, up 27% vs pcp
• FY25 underlying EBITDA of $52.1m, down 19% vs pcp

DGL Group Ltd (ASX: DGL) has released a replacement FY25 Financial Results Presentation, with amendments to various financial metrics across slides. The key changes include adjustments to FY24 cash flow from operations, H1/H2 revenue and gross margin, underlying EBITDA and NPAT, as well as updates to divisional revenue figures and balance sheet items. The company's FY25 performance was impacted by losses in the lead recycling business, lower mining sector demand, and increased costs driven by higher people and occupancy expenses, duplicated administration costs, and implementation costs from a major systems upgrade. DGL has taken actions to address these issues, including the closure of the lead recycling operations, expansion of manufacturing capacity in crop protection and automotive, consolidation of sites and systems, and headcount reductions. The FY25 financial results remain subject to audit review, with a modified audit opinion expected in relation to some inventory.