Key points
- Revenue increased by 12.8% to $179.485 million
- Profit from ordinary activities after tax increased by 11.2% to $42.355 million
- Dividends increased by 10% to 21.5 cents per share
- Strong growth in novated leasing and salary packaging
- Operating EBITDA up 16% to $73.811 million
Full summary
Smartgroup Corporation Ltd reported solid interim financial results for the half year ended 30 June 2026, driven by continued growth in novated leasing and salary packaging. Revenue increased by 12.8% to $179.485 million, while profit from ordinary activities after tax rose by 11.2% to $42.355 million. The company declared a 10% increase in dividends to 21.5 cents per share. The Group's operating EBITDA increased by 16% to $73.811 million, reflecting disciplined execution and scalability of its platform. The number of active salary packaging customers grew by 7% to 518,000, and new vehicle orders for novated leasing increased by 34%. Smartgroup remains well-positioned for continued growth, with a strong competitive position and favourable market dynamics.
Guidance
Revenue up 12.8%, Profit up 11.2%, Dividends up 10%, FY2026
Outlook
Smartgroup expects continued growth driven by strong demand in novated leasing and salary packaging, supported by favourable market conditions and strategic investments.