Macmahon Holdings Ltd FY26 Full Year Results
Key points
- Record revenue of $2.6bn, up 8% from the previous year
- Underlying EBITDA increased by 2% driven by higher Civil work
- Underlying EBIT(A) increased by 11% with improved project performance
- Secured a tender pipeline of $25bn
- Final dividend increased to 2.20cps, fully franked
Full summary
Macmahon Holdings Ltd announced its FY26 results, highlighting a record revenue of $2.6bn, up 8% from the previous year. Underlying EBITDA increased by 2% and Underlying EBIT(A) by 11%, reflecting improved project performance. The company secured a tender pipeline of $25bn, with significant contracts in mining and civil infrastructure. Free Cash Flow stood at $103.1m, underpinned by strong cash flow generation. The final dividend was increased to 2.20cps, fully franked, and the Group has approximately $104m of franking credits as at 30 June 2026. Effective tax rate is 30.6%.
Guidance
FY27 capital expenditure forecast - $200m (sustaining capital - $66m, growth capital)
Outlook
Macmahon Holdings Ltd is pursuing significant growth opportunities in mining and civil infrastructure, with a tender pipeline of $25bn. The company expects to continue delivering strong cash flow generation and improved profitability.
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