Key points
- Record profit after tax of $480.5 million, up 14%
- 87% increase in total dividends for the year
- Renewed A$350 million share buyback program
- Nyanzaga Gold Project on track for first gold pour in January 2027
Full summary
Perseus Mining Limited has released its Annual Report and Sustainable Development Report for the financial year ending 30 June 2026 (FY26). The company reported a strong financial performance with a 14% increase in profit after tax to $480.5 million, a 19% rise in revenue to $1.484 billion, and a 16% increase in EBITDA to $860.5 million. Earnings per share increased by 17% to 31.7 A$ cents per share, and net cash flow from operating activities rose by 24% to $666.4 million. The company also completed a $126 million share buyback program and declared a final dividend of 9.0 A$ cents per share, resulting in a full-year dividend of 14 A$ cents per share, up 87%. The company renewed its share buyback program with up to A$350 million and proposed a further A$100 million distribution to shareholders from the sale of the Meyas Sand Project in Sudan.
Guidance
Revenue of $1.484 billion, EBITDA of $860.5 million, Profit after tax of $480.5 million, Earnings per share of 31.7 A$ cents per share, Net cash flow from operating activities of $666.4 million
Outlook
Perseus Mining expects the Nyanzaga Gold Project to pour first gold in January 2027. The company also plans to update shareholders on the proposed distribution from the sale of the Meyas Sand Project in Sudan.