• Codan reported a 30% increase in revenue to $875.0 million for FY26.
• Net profit after tax (NPAT) rose 69% to $175.2 million, exceeding guidance.
• Strong demand for unmanned systems and gold detectors drove significant growth in both segments.

Codan Ltd's FY26 full-year investor presentation highlighted significant growth across its business segments. The company reported a 30% increase in revenue to $875.0 million, with net profit after tax (NPAT) rising 69% to $175.2 million. The Communications segment saw a 22% revenue increase to $506.2 million, with a 45% increase in segment profit to $156.0 million. The Metal Detection segment also performed well, with revenue up 42% to $362.0 million and segment profit increasing 65% to $162.4 million. Codan's strong financial performance was supported by high demand for unmanned systems and gold detectors, particularly in Africa. The company also maintained a strong balance sheet with net cash of $35.7 million as at 30 June 2026.

Revenue of $875.0 million, up 30%; NPAT of $175.2 million, up 69%; EBIT of $244.1 million, up 67%

Codan is focused on disciplined capital allocation, investment in AI and cybersecurity, and expansion in global unmanned systems and public safety markets. The company aims to enhance its offering as a full solutions provider and expand its retail footprint in North America and Europe.