Key points
- Capral achieved a 4% increase in sales volume and a 13.9% rise in revenue in 1H26
- Underlying EBIT improved by 3.8% and net profit after tax increased by 0.6%
- Strong cash generation with operating cash flow up significantly to $28.2m
- The company maintained a strong balance sheet with $62.1m in net cash
- No interim dividend declared; focus on capital returns through buy-backs
Full summary
Capral Ltd, Australia's leading supplier of aluminium extrusion and rolled products, reported its half-year results for 2026. The company experienced a 4% increase in sales volume and a 13.9% rise in revenue. Underlying EBIT improved by 3.8% to $16.7 million, and net profit after tax increased by 0.6% to $15.9 million. Capral's strong operating cash flow rose significantly to $28.2 million, and the company maintained a strong balance sheet with $62.1 million in net cash. Capral also noted improved safety performance and progress towards its sustainability goals. The company plans to continue focusing on productivity, cost control, and capital management, with a disciplined approach to returning surplus cash to shareholders.
Guidance
Full-year earnings expected to be broadly in line with prior year
Outlook
Residential construction forecast to lift demand in 2H26; industrial demand expected to remain stable; aluminium costs and freight costs remain key sensitivities