MLG Delivers Strong FY2026 Results with 35% Growth in Underlying Profit
Key points
- Statutory Revenue up 3.4% to $567.0 million
- Net Profit after Tax up 19.2% to $14.5 million
- Pro Forma EBITDA margin increased to 13.4% from 12.2% in FY2025
Full summary
MLG Oz Limited (ASX: MLG) reported strong financial results for the year ended 30 June 2026 (FY2026). The company achieved a 3.4% increase in statutory revenue to $567.0 million and a 19.2% increase in net profit after tax to $14.5 million. Pro Forma EBITDA margin improved to 13.4% from 12.2% in FY2025, driven by consistent performance across its core services and improved operational efficiencies. The company also declared a fully franked dividend of 2.55 cents per share for the full year. Looking ahead, MLG anticipates continued growth in FY2027, supported by recent contract wins and ongoing demand for its integrated mining services.
Guidance
Statutory Revenue: $567.0 million (up 3.4% from FY2025) Net Profit after Tax: $14.5 million (up 19.2% from FY2025) Pro Forma EBITDA margin: 13.4% (up from 12.2% in FY2025)
Outlook
MLG enters FY2027 with a strong outlook, supported by recent contract wins and continued demand from existing customers. The company expects to improve margins through disciplined execution, technology investment, and portfolio optimization.
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