Singapore · Delayed Price · Currency is SGD · Price in USD DFI Retail Group Holdings Earnings Call Transcripts
Fiscal Year 2026
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Revenue and profit grew strongly in the first half of 2026, driven by margin expansion, cost discipline, and digital ecosystem growth. All major segments returned to growth, with health and beauty and IKEA showing notable improvements. Guidance for full-year sales and profit was raised.
Fiscal Year 2025
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Underlying profit surged 35% year-over-year to $270 million, with strong margin improvement and portfolio simplification. 2026 guidance targets 2%-3% organic revenue growth and up to $300 million in underlying profit, supported by digital expansion and disciplined capital allocation.
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A focused operating model, disciplined capital allocation, and digital transformation underpin growth plans across all business segments. Financial targets include 2%-3% organic revenue CAGR, $310m-$350m PATMI by 2028, and a 70% dividend payout policy, with new profit engines from digital and retail media.
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Underlying profit rose 39% year-over-year to $105 million, driven by divestments and strong Health & Beauty and Food performance. E-commerce became profitable, and a special dividend was declared, with net cash at $442 million. Full-year profit guidance was raised to $250–$270 million.
Fiscal Year 2024
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Underlying profit rose 30% year-on-year to $201 million, with strong gains in food and convenience, while reported profit was impacted by non-cash one-offs. Margin expansion, digital profitability, and a net cash position post-divestments support a positive 2025 outlook with 2% revenue growth expected.
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Underlying profit surged 127% year-over-year to $76 million, driven by strong food and convenience performance and reduced losses in China. Revenue was impacted by divestments and cigarette tax changes, but margins and cash flow improved. Full-year guidance remains at $180–$220 million.