Stock Analysis

The Group recorded statutory EBITDA of $42.5 million, down from $50.2 million in FY25, and a statutory net loss after tax of $0.2 million, compared with a $12.5 million profit in the prior year. Statutory results included acquisition-related transaction and integration costs of $3.6 …

Record underlying profit before tax rose 71% to $467.5 million, up from $273.9 million in FY25. Record underlying net profit after tax increased 59% to $327.2 million, from $206.4 million a year earlier, while record underlying EBITDA rose 63% to $483.6 million, representing an …

Despite the fall in statutory profit, the company reported an improvement in cash generation, with Free Cash Flow of $35.9 million, up $8.9 million on the prior year. Closing cash increased $10.5 million to $61.5 million. GroupRevenuefor the year was $475.0 million, down from …

Total revenue for the year declined 12% to $462.9 million from $527.8 million in FY25. Reported EBITDA came in at $322.9 million, while underlying EBITDA was $285.9 million, a marked improvement from the $43.0 million underlying EBITDA loss recorded in the prior year. Underlying …

Statutory net profit after tax for MFG fell 47% to $88 million, largely reflecting a $38 million fair value loss on fund investments and $11 million ofMergerand integration expenses associated with the Barrenjoey transaction.Assetsunder management stood at $36.7 billion at year end, down 7%, …

Group revenue reached a record $6.5 billion, up 44% on the previous year, supported by record volumes across all operating divisions combined with improvedCommodityprices. Underlying EBITDA rose 183% to $2.6 billion, translating into an Underlying EBITDAMarginof 39%. Mining Services delivered record Underlying EBITDA of …

Underlying profit for the half, however, moved in the opposite direction, falling 3% to NZ$103.4 million. The company attributed this decline to a change in the mix of homes sold during the period rather than to a broader deterioration in trading conditions. DevelopmentMarginfor the …