Q3 FY26 Trading Update and FY26 Guidance Upgrade
| Stock | Boom Logistics Ltd (BOL.ASX) |
|---|---|
| Release Time | 7 May 2026, 9:04 a.m. |
| Price Sensitive | Yes |
Boom Logistics Upgrades FY26 Guidance, Secures $7M in New Contracts
- Statutory EPS of 29 cps, implying 31% growth on FY25
- Underlying EPS of 32 cps, representing 47% growth on FY25
- Secured approximately $7 million in new contract work across infrastructure, energy and mining
Boom Logistics Limited (ASX: BOL) has provided a trading update for the three months ended 31 March 2026 (Q3 FY26) and upgraded its FY26 guidance. The company reported strong demand across all sectors, particularly in mining, and secured approximately $7 million of new contract work during the quarter. This included around $6 million in energy-related contracts supporting major transmission, civil infrastructure, and wind energy projects across Western Australia, New South Wales, and Victoria over the next three years, as well as additional work secured in mining. The company's statutory EPS is expected to be 29 cps, implying 31% growth on FY25, while underlying EPS is expected to be 32 cps, representing 47% growth on FY25. NPAT (Statutory) is expected to be $10.5 million - $11.5 million, and NPAT (Underlying) is expected to be $11.9 million - $12.9 million. The guidance upgrade reflects the continued strong demand and the company's disciplined execution. Boom remains well-positioned to benefit from increasing activity in transmission and renewable energy projects, providing a supportive backdrop for continued utilization and earnings growth. The company is committed to its capital management strategy, targeting returns of 40%-60% of the prior year's operating NPAT through a combination of on-market share buybacks and/or dividends.
Statutory EPS of 29 cps, implying 31% growth on FY25; Underlying EPS of 32 cps, representing 47% growth on FY25; NPAT (Statutory) of $10.5 million - $11.5 million; NPAT (Underlying) of $11.9 million - $12.9 million (FY26)
Boom continues to see a strong pipeline of opportunities across resources, energy, and infrastructure, supported by sustained investment in key commodities and the energy transition. The company remains well positioned to benefit from increasing activity in transmission and renewable energy projects, providing a supportive backdrop for continued utilization and earnings growth.