• Normalised 1H26 pre-AASB 16 EBITDA of $30.5 million, up 21.9% from 1H25
• Operating cash inflow for 1H26 of $12.2 million after all lease costs, up 16.2% from 1H25
• Continued strong performance in the Capital SMART network and improved financial performance in AMA Collision

AMA Group Limited (ASX: AMA) has released its half-year business update for the period ended 31 December 2025 (1H26). The company reported normalised 1H26 pre-AASB 16 EBITDA of $30.5 million, an increase of 21.9% from 1H25 ($25.0 million). Operating cash inflow for 1H26 was $12.2 million after all lease costs, an increase of 16.2% from 1H25 ($10.5 million). The company's Managing Director, Ray Smith-Roberts, said the company has delivered a solid result in the first half, highlighted by the continued strong performance in the Capital SMART network, a considerable improvement in the financial performance of AMA Collison, and a positive EBITDA contribution from ACM Parts. The Capital SMART network delivered normalised pre-AASB 16 EBITDA of $24.0 million, performing in line with expectations, despite a moderate reduction in repair volumes, particularly in Victoria. AMA Collision delivered a significantly improved financial performance in 1H26, with normalised pre-AASB 16 EBITDA of $6.1 million, an increase of $8.1 million on the prior corresponding period. The company's Wales business contributed normalised pre-AASB 16 EBITDA of $3.8 million, with performance impacted by less severe repair and more insurance write-offs, which are expected to abate in the short term. The Specialist Businesses segment delivered normalised pre-AASB 16 EBITDA of $2.0 million, with the Prestige network performance improving from both a productivity and volume perspective. ACM Parts improved its underlying performance and made a positive EBITDA contribution in 1H26 as key initiatives to optimise the reclaimed and genuine parts business and drive growth in consumables sales take effect.

AMA Group maintains FY26 guidance, with FY26 normalised pre-AASB 16 EBITDA expected to be in the range of $70m - $75m.