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Highlights

  • FY25 net profit rises to A$256.2 million vs. A$12.9 million in FY24
  • Revenue increases to A$2.999 billion from A$2.462 billion year-on-year
  • Final dividend of 19.7 cents declared, total FY25 dividend at 38.6 cents

ALS Limited (ASX: ALQ) has reported a net profit after tax attributable to equity holders of A$256.2 million, or 52.5 cents per share, for fiscal year 2025. This marks a significant rise from the previous year’s net profit of A$12.9 million or 2.6 cents per share, which had included a one-off impairment and restructuring provision of A$248.8 million related to Nuvisan.

Underlying net profit after tax stood at A$312.1 million, down 1.4% year-on-year. The decline was attributed to volatility in the commodities exploration sector, negative foreign exchange impacts, and increased interest costs due to recent acquisitions.

Total revenue for the year increased to A$2.999 billion, up from A$2.462 billion in fiscal 2024, reflecting ongoing expansion in core business operations despite headwinds.

The company declared a final dividend of 19.7 cents per share, bringing the total dividend for the year to 38.6 cents per share. This is slightly lower than the 39.2 cents distributed in the previous year. The dividend will be paid on 25 July 2025 to shareholders on record as of 4 July 2025. ALS also announced that the Dividend Reinvestment Plan is suspended for the final FY25 dividend, due to its current equity raising.

To support development and future initiatives, ALS is undertaking a fully underwritten A$350 million institutional placement of new shares. Additionally, a non-underwritten share purchase plan (SPP) of up to A$40 million will be available to eligible shareholders.

The company will relocate its operational headquarters from Houston, Texas, to Madrid, Spain, in July 2025, aligning its executive leadership with its European workforce base.

ALS reaffirmed its FY27 financial targets of A$3.3 billion in revenue and underlying EBIT of A$600 million, maintaining a group EBIT margin floor of 19%.