Solvar Ltd FY26 Results Presentation
Key points
- FY26 normalized NPAT increased by 7.5% to $36.1 million
- Fully franked dividends of 19.5 cents per share
- Loan book growth of 88.2% in commercial lending
- $270,000 committed to charities and environmental programs
- Share buybacks totaling $48.9 million since FY23
Full summary
Solvar Ltd has presented its FY26 results, highlighting a 7.5% increase in normalized Net Profit After Tax (NPAT) to $36.1 million. The company declared fully franked dividends totaling 19.5 cents per share. Commercial lending saw an impressive 88.2% growth, closing the FY26 loan book at $109.8 million. Solvar also committed $270,000 to charities and environmental programs. Since FY23, the company has executed share buybacks totaling $48.9 million, reducing the number of shares outstanding by 10.3%.
Guidance
FY27: Double-digit loan book growth expected, surpassing $1.0 billion
Outlook
Solvar is optimistic about FY27, anticipating double-digit loan book growth surpassing the $1.0 billion milestone, driven by continued expansion in commercial lending and investments in technology to enhance efficiency.
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