Industrials

• According to the company, it delivered about 10% above itsBusinesscase in its first eight months and is now fully integrated.

• The FY26 distribution was 69.0 cents per security, up 6.2% from 65.0 cents, and was 98.1% covered by free cash of 67.7 cents per security.

• Liquidity, a measure of cash plus available borrowing capacity, was A$880.8 million at 30 June 2026, made up of A$480.8 million cash and A$400.0 million of undrawn committedDebtfacilities.

• Mt Holland's expansion is ongoing, and part of FY27Capital Expenditureof $1.3 to $1.5 billion is directed there, together with store refurbishments,Supplychains and a new modular residential construction joint venture.

• The jump in bookings to $15.5 billion indicates encouraging order intake, and the company said 44% of bookings were sole-sourced, which implies fewer competitive tenders and potentially better margins.

• Commodities delivered revenue of A$1,294.2 million, up 18.8 per cent, and underlying segment EBIT of A$381.5 million, up 25.9 per cent, at aMarginof 29.5 per cent.

• The statutory result was a net loss after tax of $73.3 million, compared with a profit of $73.3 million a year earlier, yet underlying net profit after tax rose 29% to $94.3 million.