Key points
- FY26 revenue decreased by 4.8% to $457.9 million
- Gross margin decreased by 10.3% to $182.7 million
- Statutory loss after tax was $40.2 million
- Underlying loss after tax was $5.8 million
- Significant non-recurring items of $34.4 million
Full summary
DGL Group Ltd's FY26 financial report reveals a statutory loss after tax of $40.2 million, down from $27.9 million in FY25. Revenue decreased by 4.8% to $457.9 million, and gross margin fell by 10.3% to $182.7 million. The Group's underlying loss after tax was $5.8 million, adjusted for $34.4 million in non-recurring items. Key challenges included the closure of a lead-acid battery recycling facility, higher raw material costs, and increased international shipping rates. The Group also faced operational disruptions due to ERP system rollouts and facility expansions. Despite these challenges, DGL remains focused on improving performance and productivity in FY27.
Guidance
FY27 underlying loss after tax expected to improve, revenue and margins to increase
Outlook
DGL aims to improve performance in FY27 by leveraging its diverse operations and capabilities, focusing on cost reduction and productivity improvements.