Key points
- FY26 revenue was $371.285 million, up 1.8% from FY25
- Underlying EBITDA was $9.366 million, down 23.8% from FY25
- Profit after tax improved by 48.5% to $14.331 million
- No dividend declared for FY26
- Strategic review of business portfolio ongoing
Full summary
Coventry Group Ltd released its FY26 Annual Report, showing revenue of $371.285 million, up 1.8% from the previous year. Underlying EBITDA declined by 23.8% to $9.366 million, while profit after tax improved by 48.5% to $14.331 million. The company did not declare a dividend for FY26. The Group is undergoing a strategic review of its business portfolio to unlock shareholder value. The integration of Steelmasters is expected to deliver further synergies. The Board remains focused on restoring sustainable, profitable growth.
Guidance
FY26 revenue: $371.285 million, Underlying EBITDA: $9.366 million, Profit after tax: $14.331 million
Outlook
The Board enters FY27 with cautious confidence, expecting continued improvement in trading momentum and benefits from the 'Back to Basics' strategy. The outcome of the strategic review remains uncertain.