Key points
- Revenue from ordinary activities increased by 9.5% to $729.1m
- Profit from ordinary activities before tax surged by 705.0% to $16.1m
- Net Profit after tax increased significantly by 950.0% to $10.5m
- The company is considering a dividend payment for the period
- The Group has a positive net asset value position of $30.246m as at 30 June 2026
Full summary
Simonds Group Ltd has released its Preliminary Final Report for the year ended 30 June 2026, highlighting a robust financial performance. The company reported a 9.5% increase in revenue from ordinary activities, reaching $729.1 million. Profit from ordinary activities before tax surged by 705.0% to $16.1 million, while profit after tax from continuing operations rose by 685.7% to $11.0 million. The overall net profit after tax was $10.5 million, up by 950.0% from the previous year. The company also noted a positive net asset value position of $30.246 million as at 30 June 2026. The Board is currently considering the payment of a dividend for the period, with details to be confirmed following the completion of the audit.
Guidance
Revenue up 9.5% to $729.1m, Profit before tax up 705.0% to $16.1m, Net profit after tax up 950.0% to $10.5m
Outlook
The company is considering a dividend payment for the period, with details to be confirmed post-audit.