Key points
- Revenue increased by 5.3% to $426,428,000
- Profit after tax surged 133.2% to $4,901,000
- Acquisition of Johns Building Supplies contributed positively
- Dividend of 2 cents per share declared
- Strong balance sheet with improved net working capital
Full summary
Big River Industries Ltd's FY2026 Annual Report highlights a 5.3% revenue increase to $426,428,000 and a 133.2% surge in profit after tax to $4,901,000, outperforming the previous year's loss of $14,754,000. The growth was supported by the acquisition of Johns Building Supplies, contributing positively to revenue and EBITDA. The Group's EBITDA margin expanded by 21 basis points to 7.3%, and the gross profit margin improved by 30 basis points to 26.5%. The strong financial performance was achieved despite subdued residential construction markets and heightened competition. The Group maintained a robust balance sheet, with net debt reducing to $24,841,000 and gearing at 17.9%. The Directors declared a fully franked dividend of 2 cents per share, payable on 6 October 2026. The Group expects double-digit EBITDA growth in FY27, driven by full-year contributions from acquisitions, market penetration in high-value products, and operational efficiencies.
Guidance
Expected double-digit EBITDA growth in FY27
Outlook
The Group expects continued growth in FY27, driven by full-year contributions from acquisitions, market penetration in high-value products, and operational efficiencies, subject to market conditions.