Half Yearly Report and Accounts
| Stock | Lindsay Australia Ltd (LAU.ASX) |
|---|---|
| Release Time | 23 Feb 2026, 8:36 a.m. |
| Price Sensitive | Yes |
Lindsay Australia Reports Half-Year Results
- Revenue up 24.8% to $540.3 million
- Underlying EBITDA increased 16.0% to $66.3 million
- Dividend of 2.1 cents per share, fully franked
Lindsay Australia Limited reported a strong financial performance for the first half of the 2026 financial year, with revenue increasing 24.8% to $540.3 million and underlying EBITDA rising 16.0% to $66.3 million. The company's key divisions, including Lindsay Transport, Lindsay Rural, and WB Hunters, continued to deliver growth, supported by geographic and customer diversification, transformation initiatives, and the successful integration of the SRT Logistics acquisition. The Transport division reported a 30.6% increase in revenue, driven by organic growth and the contribution from SRT. The Rural division also performed well, with revenue up 12.5% and underlying EBITDA margins improving. The Hunter division delivered earnings growth, reflecting progress under the turnaround program and stabilizing market conditions in regional Victoria. The company maintained its focus on safety, operational capability, and disciplined capital deployment, with capital expenditure of $28.8 million during the half-year. The Board has declared a fully franked interim dividend of 2.1 cents per share.
The company remains focused on executing its three-pillar strategy of Grow the Network, Transformation, and Performance and Sustainability. Near-term pressures are expected to persist, but the company is well-positioned to navigate the competitive environment and deliver long-term value for shareholders.