Aussie Broadband AGM Presentations and Trading Update
Key points
- FY26 was a transformational year for Aussie Broadband
- Organic growth across all segments with a 9.2% increase in revenue
- Completed largest NBN migration and strategic acquisitions
- Underlying EBITDA reached $165.3 million
- Dividends increased by 50% to 6 cents per share
Full summary
Aussie Broadband Limited (ASX: ABB) announced the presentations from the Chair and Chief Executive Officer at their Annual General Meeting, highlighting a transformational FY26. The company reported a 9.2% increase in group revenue to almost $1.3 billion, with underlying EBITDA reaching $165.3 million. The company successfully completed the largest NBN migration in history, adding significant scale and earnings uplift from FY27. Strategic acquisitions and partnerships, including AGL Telco and More & Tangerine, have further strengthened the business. The company also increased dividends by 50% to 6 cents per share and announced an on-market share buyback of up to $115 million. Looking ahead, Aussie Broadband remains focused on integration, growth, and realizing the benefits of recent transactions.
Guidance
FY27 underlying EBITDA between $205 million and $215 million, capital expenditure between $60 million and $65 million
Outlook
The company is well positioned to deliver its upgraded Look-to-28 ambitions, with a diversified platform to drive sustainable growth and multiple drivers of future earnings growth.
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