Australia · Delayed Price · Currency is AUD Peet Limited Earnings Call Transcripts
Fiscal Year 2026
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A leading Australian residential platform will be formed through the acquisition, offering Peet shareholders a premium and exposure to a larger, more diversified, and liquid entity. The deal is expected to deliver significant synergies, improved capital access, and long-term growth opportunities.
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Record FY 2026 profit of AUD 103.4 million, up 77% year-over-year, with EBITDA margin rising to 36%. Strong cash flow, reduced debt, and a robust pipeline support confidence for FY 2027 earnings growth. Market fundamentals and geographic diversity underpin positive outlook.
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Net profit after tax more than doubled year-over-year to AUD 50.9 million, with EBITDA margin rising to 34%. Upgraded FY 2026 NPAT guidance to AUD 86–90 million, driven by strong performance in WA and Queensland and robust contracts on hand.
Fiscal Year 2025
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FY25 net profit exceeded guidance at $58.5M, with EPS up 61% and EBITDA margin rising to 24%. Strong cash flows reduced net debt and gearing, while robust contracts on hand and new projects support a positive FY26 outlook.
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First half FY 2025 saw NPAT up 63% to AUD 25.2 million, margin expansion, and strong cash flow, with robust performance in Queensland, WA, and SA. Guidance for FY 2025 NPAT is AUD 50–55 million, supported by a well-funded pipeline and readiness for market rebounds in ACT and Victoria.