EHL FY26 Results Presentation
Key points
- Revenue $792.8M Up 1% vs FY25
- Operating EBIT $148.0M Up 2% vs FY25
- Operating NPAT $89.0M Up 5% vs FY25
- Strong cash flow generation with adjusted operating free cash flow $114.5M
- Board approved on-market share buy-back of up to 10% of shares on issue
Full summary
Emeco Holdings Ltd presented its FY26 results, showing a revenue increase of 1% to $792.8 million. Operating EBIT rose by 2% to $148.0 million, and Operating NPAT increased by 5% to $89.0 million. The company achieved an operating free cash flow of $127.6 million, adjusted to $114.5 million for sale and leaseback and timing of interest payments. The balance sheet remains strong with a net leverage ratio of 0.43x, providing flexibility for growth and shareholder returns. The board approved an on-market share buy-back of up to 10% of shares on issue, representing a high-return use of balance sheet capacity.
Guidance
FY27: Earnings in line with FY26 results, strong free cash flow, capex forecast $155-$165M
Outlook
Expect earnings growth delivering 20% ROC target in FY28. Expand maintenance service platform, pursue sector consolidation, and invest free cash in share buy-back.
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