Latitude Group Reports 39% YoY Profit Increase in 1H26
Key points
- Cash NPAT increased 39% YoY to $64.3 million
- Statutory NPAT from continuing operations increased 37% YoY to $54.4 million
- Fully franked interim dividend of 5.50 cents per share declared
Full summary
Latitude Group Holdings Ltd announced its first half 2026 results, showing a 39% increase in Cash NPAT to $64.3 million and a 37% increase in Statutory NPAT from continuing operations to $54.4 million. The company attributed the growth to higher receivables, margin expansion, and disciplined cost management. Gross receivables increased 4% to $7.3 billion, and operating income rose 7% to $437.8 million with an operating margin of 12.2%. The Board declared a fully franked interim dividend of 5.50 cents per share. Despite macroeconomic challenges, the company expects to maintain earnings resilience through disciplined pricing and portfolio management.
Guidance
Cash NPAT expected to increase 39% YoY, Statutory NPAT from continuing operations 37% YoY
Outlook
Expects to deliver profitable receivables growth, maintain strong risk-adjusted returns, and continue operating leverage improvements through the second half of 2026.
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