H1 FY26 Results-Record orderbook supports expected strong H2

Open PDF
Stock AIH.ASX (AIH.ASX)
Release Time 28 May 2026, 8:30 a.m.
Price Sensitive Yes
 AIH H1 FY26 Results: Record Orderbook Supports Strong H2 Outlook
Key Points
  • Record orderbook of $239m supports strong H2 revenue delivery
  • Revenue of $157.9m, down 2.4% due to project delivery schedules
  • Gross margin improved to 36.8% (+11.4% vs H1 FY25)
  • Underlying EBITDA of $24.7m, down 9.6% due to H2 revenue weighting and higher costs
  • Reconfirming FY26 guidance: Revenue of $387.9m and Underlying EBITDA of $62.3m
Full Summary

Advanced Innergy Holdings Ltd (ASX:AIH) reported its financial results for the 6 months ended 31 March 2026 (H1 FY26). The company delivered revenue of $157.9m, down 2.4% compared to H1 FY25, primarily due to project delivery schedules. The gross margin improved to 36.8%, up 11.4% from H1 FY25, driven by operational efficiencies and the positive impact of Ovun. Underlying EBITDA was $24.7m, down 9.6% due to lower H1 revenue, H2 revenue weighting, and higher operating costs. The company has a record orderbook of $239m, providing strong visibility into H2 revenue delivery. AIH reconfirms its FY26 guidance of revenue of $387.9m and underlying EBITDA of $62.3m, excluding any contribution from M&A.

Guidance

FY26 revenue of $387.9m and underlying EBITDA of $62.3m

Outlook

AIH is optimistic about its long-term outlook, particularly given the heightened global focus on sovereign energy security, which is expected to drive new and accelerated project development.