InvestSMART

ALS Limited (ASX:ALQ)

ALERT: Price-sensitive ASX Announcement for ALQ
Current share price for ALQ : $22.540 0.34 (1.53%)+
Announcement
Release
18 May 2026 8:23AM
Price at Release
$22.200
Full Release
download
Summary
ALS Limited achieved a record financial performance in FY26, with a 10.7% increase in revenue to $3.32 billion and a 25.8% rise in underlying NPAT to $381.2 million. The Commodities segment led growth, reflecting a favorable environment for mineral exploration, while Life Sciences saw strong performance in the Food sector. The company maintained a strong balance sheet, highlighting significant cash flow and a reduced leverage ratio, allowing for continued investment in strategic initiatives. ALS announced a final dividend of 23.1 cents per share and is targeting further revenue and margin growth in FY27.
Key Points
  • ALS Limited reported a record financial performance for FY26, with a 10.7% increase in revenue to $3.32 billion.
  • Underlying NPAT grew by 25.8% to $381.2 million, driven by strong performance in the Commodities sector.
  • The company saw a 19.3% increase in Underlying EBIT to $599.0 million, with improvement in margins across various segments.
  • Commodities revenue grew by 18.8%, benefiting from favourable conditions in mineral exploration.
  • Life Sciences segment experienced mixed results, with strong growth in Food but challenges in Environmental and Pharmaceutical sectors.
  • The Group maintained a strong balance sheet with significant cash flow generation and a reduced leverage ratio of 1.5x.
  • A final dividend of 23.1 cents per share was declared, reflecting a payout ratio of 57% of NPAT.
  • ALS is focusing on strategic growth initiatives and capital investments, including major hub lab expansions.
  • Outlook for FY27 includes targeting mid to high single-digit organic revenue growth and continued margin improvements.
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.