TPW Price sensitive 23 Oct 2026, 8:20 AM

2026 AGM Presentation and Strategy Update

Temple & Webster Group Ltd

Temple & Webster Group Ltd AGM Presentation and Strategy Update

Key points

  • Record FY26 revenue of $665m, up 11% vs pcp
  • FY26 EBITDA of $21.9m, representing a margin of 3.3% and growth of 17% vs pcp
  • Targeting FY27 EBITDA of $33 - 40m, an increase of approximately 50 - 80% over FY26

Full summary

Temple & Webster Group Ltd held its FY26 Annual General Meeting, reporting record revenue of $665 million, an 11% increase over the previous year. EBITDA stood at $21.9 million, up 17% and representing a 3.3% margin. The company also announced a new board structure, effective from July 2026, and the appointment of Susie Sugden as CEO. The company is focusing on sustainable top-line and bottom-line growth, targeting a FY27 EBITDA of $33 - 40 million, a 50 - 80% increase over FY26. The company is also prioritizing the mass-mid market customer, reducing entry-level ranges, and leveraging AI to enhance customer experience and operational efficiency.

Guidance

FY27 EBITDA expected to be in the range of $33 - 40 million, an increase of approximately 50 - 80% over FY26

Outlook

Temple & Webster Group Ltd is targeting sustainable double-digit revenue growth from FY28, while maintaining improved unit economics. The company plans to expand its market share and profitability through strategic investments in AI, technology, and exclusive product lines.

Summary generated by a large language model. Please interpret with care.

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