Key points
- Net return of 11.9% for FY26, outperforming MSCI World Accumulation Index
- Fully franked final dividend of 2.00 cents per share determined
- Intends to pay minimum 8.00 cents per share for FY27
- Annual General Meeting on 10 November 2026
Full summary
L1 Global Long Short Fund Ltd (ASX:GLS) released its FY26 Annual Report, highlighting a net return of 11.9% for the period from 1 July 2025 to 30 June 2026, outperforming the MSCI World Accumulation Index in USD return of 10.6%. The Company recorded a profit before tax of $171.90 million and a net profit after tax of $121.31 million. The Board determined a final dividend of 2.00 cents per share, payable on 23 September 2026. The Company intends to pay fully franked dividends of a minimum of 8.00 cents per share for FY27, comprising quarterly dividends of 2.00 cents per share. The Annual General Meeting will be held on 10 November 2026.
Guidance
Net return of 11.9% for FY26, profit before tax $171.90 million, net profit after tax $121.31 million
Outlook
Intends to pay minimum 8.00 cents per share for FY27, comprising quarterly dividends of 2.00 cents per share