Key points
- Revenue from ordinary activities increased by 11% to $2,028,961,000
- Profit from ordinary activities after tax attributable to members decreased by 160% to $(53,602,000)
- Net profit for the period attributable to members decreased by 160% to $(53,602,000)
- Dividend distributions for FY2026 are 0 cents per share
- Net tangible assets per ordinary security decreased to $2.85
Full summary
Austal Ltd's FY2026 Annual Report Appendix 4E reveals a notable increase in revenue from ordinary activities by 11% to $2,028,961,000. However, the company experienced a substantial decline in profit from ordinary activities after tax, which decreased by 160% to $(53,602,000). The net profit for the period attributable to members also dropped by 160% to $(53,602,000). Dividend distributions for FY2026 remain at 0 cents per share. Additionally, net tangible assets per ordinary security decreased to $2.85 from $3.03 in the previous corresponding period.
Guidance
Revenue from ordinary activities up 11% to $2,028,961,000
Outlook
The company's financial performance highlights a significant drop in profitability and net assets, with no dividends declared for FY2026.