Key points
- Record revenue and earnings driven by strong transport volumes
- Significant increase in EBITDA and EBITDA margins
- Strong cash flow and balance sheet strength with reduced gearing
- Committed to regular fully franked dividends
Full summary
CTI Logistics Limited announced its full-year results for FY26, reporting record revenue of $357.1 million, a 9.7% increase from the previous year. The company saw significant growth in EBITDA, up 29.6% to $76.4 million, and profit before tax (PBT) increased by 76.3% to $34.6 million. Earnings per share (EPS) rose 68% to 30.3 cents. The company's transport segment saw a 12% increase in revenue, while the logistics segment grew by 6%. The property segment, including the recently completed Hazelmere facility, contributed to the overall growth. CTI maintained strong cash flow, with operating cash flow up 28% to $53.5 million, and a balance sheet with reduced gearing to 20%. The company also highlighted its commitment to returning capital to shareholders through regular dividends.
Outlook
CTI Logistics has a positive medium-term outlook supported by Australia's population growth, infrastructure spending, and increasing online spending penetration. The company plans to pursue organic and inorganic growth opportunities.