Key points
- Record production of 879.5kt, up 17% from FY25
- Revenue increased by 152% to $1,934M, driven by higher sales and prices
- Underlying EBITDA of $1,137M with a 59% margin
- Net profit after tax at $526M, up from a loss of $196M in FY25
- Final dividend of 5 cents per share, fully franked
Full summary
PLS Group Ltd announced its FY26 full-year results, highlighting significant improvements across various operational and financial metrics. The company achieved record production of 879.5kt, a 17% increase from the previous year. Revenue surged by 152% to $1,934M, driven by higher sales volumes and an increase in the average realized price. Underlying EBITDA stood at $1,137M with a 59% margin, reflecting strong operational performance. Net profit after tax was $526M, a substantial improvement from the $196M loss in FY25. The company's cash balance increased to $2,290M, supported by strong operating cash flow and a successful bond issuance. PLS also announced a final dividend of 5 cents per share, fully franked, representing a distribution of approximately $161M to shareholders.
Guidance
FY27 guidance released with the June Quarter update
Outlook
PLS remains confident in the long-term opportunity for lithium and is focused on executing well, allocating capital with discipline, and delivering value for shareholders.