PPK Group Ltd Preliminary Final Report for FY2026
Key points
- Significant profit increase of 175% after tax
- Sale of 39.85% interest in CIB for $27.2M
- Reversal of $5.1M impairment on LIS investment
- No dividends declared for FY2026
- On-market share buy-back of up to $2.5M announced
Full summary
PPK Group Ltd announced a strong financial performance for the year ended 30 June 2026, with a significant increase in after-tax profit of 175% to $19.3M. Key highlights include the sale of the 39.85% interest in Craig International Ballistics Pty Ltd (CIB) for $27.2M, representing a 454% return on the initial investment. Additionally, a reversal of impairment on the investment in Li-S Energy Limited (LIS) amounting to $5.1M was recorded. The company did not declare any dividends for FY2026 but announced an on-market share buy-back of up to $2.5M, reflecting the board's view that the shares trade below intrinsic value. The remaining proceeds from the CIB sale will support future growth opportunities.
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