FY26 Full Year Results Presentation

Key points

• Group sales up 3.8% to $641.7m, driven by strong performance from Adairs and Mocka
• Underlying EBIT margin of 8.9%, down 30 basis points
• Focus on Furniture sales down 5.6%, underlying EBIT down 67.6%
• Net debt reduced by $20m to $47.6m
• Final dividend of 6.0 cps fully franked, total FY26 dividends at 11.5 cps

Full summary

Adairs Ltd presented its FY26 full-year results, showing a 3.8% increase in group sales to $641.7 million, driven by robust performances from its Adairs and Mocka brands. However, the underlying EBIT margin decreased by 30 basis points to 8.9%. The Focus on Furniture brand faced challenges with a 5.6% sales decline and a 67.6% drop in underlying EBIT. The company also managed to reduce net debt by $20 million to $47.6 million. The final dividend for the year was 6.0 cents per share, fully franked, bringing the total dividends for FY26 to 11.5 cents per share.