ASX Provides FY27 Financial Guidance
Key points
- FY27 total expenses growth guidance between 18% and 21%
- Increased FY27 capex guidance to $180-$200 million
- Dividend policy unchanged, payout ratio 75%-85% of underlying NPAT
Full summary
ASX Ltd has provided financial guidance for FY27, including total expense growth guidance of between 18% and 21%, primarily driven by technology modernisation, the expanded Accelerate Program, and investments in customer-driven growth initiatives. The company also increased its FY27 capex guidance to between $180 million and $200 million, reflecting technology cost inflation and new product development. FY28 capex guidance is between $170 million and $190 million. The dividend policy remains unchanged, with a payout ratio range of between 75% and 85% of underlying net profit after tax (NPAT). ASX also announced the sale of its 49% interest in Sympli to ATI Group for a nominal amount, resulting in an after-tax loss of approximately $12 million in FY26.
Guidance
FY27 total expense growth 18-21%, FY27 capex $180-$200 million, FY28 capex $170-$190 million
Outlook
ASX anticipates continued investment in technology modernisation and customer-driven growth initiatives to support its role as a provider of critical market infrastructure.
Summary generated by a large language model. Please interpret with care.