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Amotiv Limited (ASX:AOV)

ALERT: Price-sensitive ASX Announcement for AOV
Current share price for AOV : $6.320 -2.12 (-25.12%)+
Announcement
Release
10 Feb 2026 7:56AM
Price at Release
$8.440
Full Release
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Summary
Amotiv Limited's Half Year Results Investor Presentation for FY26 details a 6.7% growth in underlying EBITA, attributed to improved operating leverage and margin expansion under the Amotiv Unified program. The company has moderated its EV investment strategy, aiming for a break-even by the end of FY27. Revenue growth was supported by new business, product development, and international diversification. Despite domestic cost inflation, underlying EBITA growth continued, mitigated by the Amotiv Unified program. The firm returned approximately $48 million to shareholders through dividends and buybacks, achieving a strong cash conversion rate of 91.9%, well above its target. Significant restructuring under Amotiv Unified incurred one-off costs of $8.3 million. The company declared an 8.1% increase in interim dividends to 20.0 cents per share, maintaining a leverage ratio of 1.95x.
Key Points
  • Underlying EBITA growth of 6.7% due to margin expansion and operational leverage.
  • Further moderation of EV investment projected to break even by end of FY27.
  • Amotiv Unified program to consolidate site operations and improve returns.
  • Revenue growth driven by new business, product development, and geographical diversification.
  • Amotiv Unified partially mitigated margin pressure from domestic cost inflation.
  • Dividend growth and share buyback completed with ~$48m returned to shareholders.
  • Strong cash conversion at 91.9%, above target of 75%.
  • Amotiv Unified restructuring costs led to significant items of $8.3m.
  • Interim dividend increased by 8.1% to 20.0 cents per share.
  • Capital management strategies resulted in a leverage ratio of 1.95x.
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.