• Underlying EBITDA up 2% to $2,100 million
• Operating free cash flow up 60% to $850 million
• Final dividend of 26 cents per share (fully franked)
• Targeting a dividend payout ratio of 55-60% for FY27
• Signed long-term PPAs for 228 MW of renewable energy

AGL Energy Limited presented its full-year results for FY26, highlighting strong financial performance and strategic achievements. The company reported a 2% increase in Underlying EBITDA to $2,100 million and a 60% rise in operating free cash flow to $850 million. AGL declared a final dividend of 26 cents per share, fully franked, bringing the total dividend for the year to 50 cents per share. The company plans to target a dividend payout ratio of 55-60% for FY27. Additionally, AGL signed long-term Power Purchase Agreements (PPAs) for 228 MW of renewable energy and advanced several key projects, including the 500-megawatt Liddell Battery and the 220 MW Kwinana Swift Gas 2 Project. The company also divested its 19.9% equity interest in Tilt Renewables for $750 million.

FY27 dividend payout ratio targeted between 55-60%

AGL Energy is confident in its ability to generate long-term returns for shareholders, underpinned by its integrated business model, flexible asset base, and strategic execution.