Key points
- FY26 revenue of $169.9M, up 14.7% from FY25
- Normalised Group EBIT of $31.5M, up 32% from FY25
- Final dividend of 17.0 cents per share, fully franked
- Strong balance sheet with $48.5M net cash and debt-free
- KWB Group added 2 new showrooms, expanding network to 31
Full summary
Joyce Corporation Ltd released an updated FY26 results investor presentation, highlighting a strong financial performance. The company reported a revenue of $169.9M, up 14.7% from the previous year. Normalised Group EBIT increased by 32% to $31.5M, driven by double-digit growth in KWB and improved EBIT margins across Bedshed. The company maintained a strong balance sheet with $48.5M net cash and was debt-free. Joyce Corporation Ltd also announced a final dividend of 17.0 cents per share, fully franked, and a normalised NPAT payout ratio of 80%. The presentation also included an update on the KWB Group, which added 2 new showrooms, expanding its network to 31, and achieved record orders of $150.5M in the last 12 months.
Guidance
FY26 revenue $169.9M, EBIT $31.5M, NPAT $10.8M
Outlook
Joyce Corporation Ltd expects continued growth in FY27, with a focus on network expansion and improving operational efficiencies.