H1 FY26 Results Presentation

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Stock AIH.ASX (AIH.ASX)
Release Time 28 May 2026, 8:31 a.m.
Price Sensitive Yes
 H1 FY26 Results Presentation
Key Points
  • FY26 revenue weighted towards H2
  • Gross profit margin improved by 11.5%
  • Underlying EBITDA impacted by lower H1 FY26 revenue and higher base operating costs
  • Orderbook increased by 32.8% to ~$239m
  • Post MCE acquisition, AIH will remain within borrowing covenant
Full Summary

Advanced Innergy Holdings Ltd (ASX:AIH) presented its H1 FY26 results on 28 May 2026. The company reported a revenue of $157.9m, a 2.4% decrease from H1 FY25. Gross profit margin improved by 11.5% to 36.8%. However, underlying EBITDA decreased by 9.6% to $24.7m due to lower H1 FY26 revenue and higher base operating costs. The company's orderbook increased by 32.8% to ~$239m. The proposed acquisition of MCE is expected to be completed in July 2026, after which AIH will remain within its borrowing covenant of 2.0x net leverage.

Guidance

FY26 revenue guidance remains at $388m

Outlook

The company expects its FY26 revenue to be weighted towards H2, underpinned by a record order book. The outlook is positive with several large projects scheduled for delivery in H2 FY26.