• 1H26 pre-AASB 16 Normalised EBITDA of $30.5m, up 21.9% on 1H25
• Operating cash flow of $12.2m, an improvement of 16.2% on 1H25
• Continued focus on people and safety, with LTIFR down from 4.2 to 3.1

AMA Group Ltd reported a strong set of results for the 1H26 period, with pre-AASB 16 Normalised EBITDA increasing 21.9% to $30.5m. This was driven by improved performance across the group's core vehicle collision repair businesses, including Capital SMART, AMA Collision, Wales Heavy Vehicle, and the Specialist Businesses segment. The company also saw a 16.2% improvement in operating cash flow to $12.2m, reflecting higher cash receipts from the increased severity and complexity of work mix, as well as a $2.5m reduction in interest paid due to an improved cost of funding.AMA Group continued to focus on people and safety, increasing its team by 37 to 3,506, including 456 apprentices. The company's LTIFR improved from 4.2 to 3.1 over the period.Across the business, the company saw mixed performance, with Capital SMART delivering another strong result albeit slightly lower than FY25, AMA Collision continuing to progress its optimisation and capability improvement program, and Wales impacted by softer work provisions. The Specialist Businesses segment and ACM Parts both saw improved financial performance.Looking ahead, AMA Group expects Normalised pre-AASB 16 EBITDA for the full FY26 year to be in the range of $70m - $75m, as it continues to execute on its strategic priorities and pursue growth opportunities where capability and capacity are aligned.

For the FY26 financial year, AMA Group expects normalised pre-AASB 16 EBITDA to be in the range of $70m - $75m.

AMA Group continues to progress on its journey to achieving a pre-AASB 16 EBITDA % of 10% within its core vehicle collision repair businesses in the coming 3-4 years. The company will continue to focus on operational capability improvements, network optimisation, and developing high performing, highly capable teams. Strategic growth will be pursued where opportunity, capability and capacity are aligned.