Key points
- Record revenue of $1,072.7 million, up 26.2%
- Underlying EBIT rose 37.7% to $60.4 million
- Final dividend of 1.7 cents per share, fully franked
- Safety improvement with LTIFR at 10.9, a 34% improvement
- New secondary freight contract with Primary Connect
Full summary
Lindsay Australia Limited (ASX: LAU) announced record results for the year ended 30 June 2026, with group revenue exceeding $1 billion for the first time and underlying EBIT rising 37.7%. The results reflect strategic investments in fleet, facilities, and acquisitions. Key financial highlights include a 26.2% increase in revenue to $1,072.7 million, underlying EBITDA up 25.6% to $127.8 million, and underlying EBIT up 37.7% to $60.4 million. Reported net profit after tax was $22.9 million, up 31.5%. Safety improved significantly with the Lost Time Injury Frequency Rate (LTIFR) down 34% to 10.9. The company also completed the integration of SRT Logistics and secured a new secondary freight contract with Primary Connect, expected to generate $30-36 million annually.
Guidance
FY2027 capital investment estimated at approximately $57 million
Outlook
The company expects to extract further value from its integrated network and grow into secondary freight, focusing on asset utilisation and margin improvement.