• Record revenue of $2.6bn, up 8% from FY25
• Underlying EBIT(A) up 11% to $190.1m
• Net debt reduced to $111.1m, down 31.6%
• Dividend increased to 2.20cps, up 47%
• FY27 revenue guidance of $2.85bn - $3.05bn

Macmahon Holdings Ltd (ASX:MAH) reported a record financial year for FY26, driven by continued growth in the Underground Mining and Civil Infrastructure businesses. The company achieved record revenue of $2.6 billion, up 8% from FY25, with underlying EBIT(A) increasing by 11% to $190.1 million. The company also saw a reduction in net debt to $111.1 million, down 31.6% from FY25. The Board declared an increased final dividend of 1.25 cents per share, bringing the total FY26 dividend to 2.20 cents per share, up 47% on FY25. The company is well positioned for FY27 with a diversified order book of $5.9 billion, $2.2 billion of work in hand secured, and a strong balance sheet. Guidance for FY27 is for increased revenue of $2.85 billion - $3.05 billion and underlying EBIT(A) of $205 million - $225 million.

FY27 revenue guidance: $2.85bn - $3.05bn; underlying EBIT(A): $205m - $225m

Macmahon remains well positioned to continue delivering earnings growth and improved returns in FY27, supported by a diversified order book and a strong balance sheet.