Australia · Delayed Price · Currency is AUD Fleetwood Earnings Call Transcripts
Fiscal Year 2026
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First half FY 2026 saw NPAT rise to AUD 8.6 million and underlying EBIT reach AUD 18.5 million, driven by strong Community Solutions performance and a robust order book, despite Building Solutions headwinds. Full-year revenue is expected to be 5%-10% below FY 2025, with a stronger second half anticipated.
Fiscal Year 2025
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AGM highlighted strong FY 2025 results, with significant earnings growth, record dividends, and strategic progress in modular construction and RV Solutions. Key resolutions were supported, and the company outlined plans for continued transformation and disciplined capital management.
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FY 2025 saw strong revenue and profit growth, led by Building and Community Solutions, with Searipple Village occupancy at 84% and a 400% increase in dividends. RV Solutions faced headwinds but is targeting profitability in FY 2026.
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Strong first half FY25 results featured robust revenue and earnings growth, a significant dividend increase, and a successful share buyback. Community and Building Solutions outperformed, while RV Solutions underwent restructuring to return to profitability.
Fiscal Year 2024
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FY24 delivered improved profitability, a higher dividend, and a strong order book, especially in Building and Community Solutions. Shareholders debated asset sales, board alignment, and property values, while the board reaffirmed its strategic focus and commitment to long-term returns.
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EBIT and net profit after tax nearly doubled year-over-year, supported by Building Solutions' turnaround and strong Community Solutions occupancy. Searipple Village's contracted occupancy for FY 2025 is 65%, and the Building Solutions order book rose to AUD 178 million. RV Solutions faces headwinds but is expected to remain profitable.