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AGL Energy Limited (ASX:AGL)

ALERT: Price-sensitive ASX Announcement for AGL
Current share price for AGL : $8.210 -0.02 (-0.24%)+
Announcement
Release
12 Aug 2026 8:26AM
Price at Release
$8.230
Full Release
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Summary
AGL Energy Limited's FY26 results show a robust performance, with statutory profit after tax reaching $756 million, significantly up from FY25. Underlying EBITDA was in line with guidance at $2,100 million, showing a 2% increase from the previous year. The company declared a fully franked dividend of 26 cents per share for FY26. The results highlight strong customer growth and satisfaction, improved fleet availability, and strategic asset portfolio flexibility. For FY27, AGL forecasts underlying EBITDA between $1,900 and $2,200 million and plans to reduce net operating expenses by $50 million. The company is focused on strategic execution to enhance business resilience and capitalize on energy market transitions, including expanding renewable projects and maintaining a flexible asset fleet. AGL aims to add 6 GW of renewable capacity by 2030 while maintaining a stable dividend payout ratio between 55-60% of underlying NPAT.
Key Points
  • Statutory profit after tax for FY26 was $756 million, up from FY25.
  • Underlying EBITDA for FY26 was $2,100 million, a 2% increase from FY25.
  • A fully franked final dividend of 26 cents per share was declared for FY26.
  • FY27 guidance projects underlying EBITDA between $1,900 and $2,200 million.
  • AGL targets a $50 million reduction in net operating expenses by FY27.
  • Customer satisfaction increased to 84.1 with a strategic Net Promoter Score of +10.
  • AGL plans to add 6 GW of renewable and firming capacity by 2030.
  • The flexible asset fleet increased to 8.7 GW, supporting energy transition.
  • AGL's portfolio includes significant investments in batteries and renewable energy.
  • Construction projects include the 220 MW Kwinana Swift Gas 2 Project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.