Highlights

  • Underlying EBITDA increased 2% to AUD 2,100 million.
  • AGL reported approximately 4.6 million customer services at 30 June 2026.
  • The Liddell Battery entered operation, construction progressed at the Tomago Battery, and construction commenced at the 220 MW Kwinana Swift Gas 2 project.

On 27 October 2026, AGL Energy Limited (ASX:AGL) shares were quoted at AUD 8.99, representing a daily change of -0.50% according to historical market data. The company’s attached announcement covers its reported operations and financial position. Its disclosures address fy26 Earnings and distribution, customer services and generation and related corporate developments. The following account separates reported results from company-stated expectations and uses the periods and measurement bases set out in the announcement.

FY26 Earnings and Distribution

Underlying EBITDA increased 2% to AUD 2,100 million. Underlying net profit after tax declined 2% to AUD 631 million. Statutory profit after tax reached AUD 756 million. Operating free Cash Flow increased 60% to AUD 850 million.

These figures are presented in the AGL Energy Limited Company announcement for the relevant reporting period. Where management supplies a comparison, the change is stated against the corresponding period and does not describe a change in the Market Price of the company’s shares.

Customer Services and Generation

AGL reported approximately 4.6 million customer services at 30 June 2026. Its flexible fleet capacity reached 8.7 GW, while decentralised Assets under orchestration increased by 250 MW to 1.74 GW. The company reported an improvement in customer satisfaction, with its strategic net promoter score at plus 10 and customer satisfaction at 84.1%.

The operational figures disclosed by AGL Energy Limited relate to the activities and Business units named in the release. They should be read as separately reported measures because production, sales, billing, contracted capacity and operating earnings are not interchangeable.

Development and Portfolio Activity

The Liddell Battery entered operation, construction progressed at the Tomago Battery, and construction commenced at the 220 MW Kwinana Swift Gas 2 project. AGL reported a contract award for the proposed 600 MW Hexham Wind Farm and signed two 15-year wind power purchase agreements of 123 MW and 105 MW.

The project information is drawn from the milestones and transactions described in the announcement. The release distinguishes projects already completed from construction activity, approvals, company targets and other steps still under way.

Dividends and Funding

AGL declared a fully franked final Dividend of AUD 0.26 per share, taking its FY26 total to AUD 0.50 per share. It reported a AUD 750 million divestment of its 19.9% interest in Tilt Renewables, before transaction costs, and the divestment of its telecommunications business for approximately AUD 115 million.

Where figures concern dividends, Capital raising, debt, cash or asset transactions, they describe the amounts and arrangements reported by AGL Energy Limited. A declared distribution and an expected payment remain different stages in the company’s reporting process.

Company-Stated Outlook

For FY27, AGL targeted a dividend Payout Ratio of 55% to 60% within its existing policy, with dividends expected to remain fully franked. The company also reported AUD 30 million of a planned AUD 50 million operating cost reduction one financial year ahead of schedule.

Any target or future figure is attributed to management rather than presented as an outcome. The company’s guidance is subject to the assumptions and qualifications provided with its results announcement.

The attached AGL Energy Limited release also sets out the company’s reporting terminology and the context in which the disclosed measures were prepared. The figures above reflect the stated financial or operating period, and the descriptions of planned activities are identified as company expectations. Financial measures and operational indicators are reported separately, using the definitions supplied by management. The announcement does not establish that a target has been achieved unless the company expressly records its completion.