InvestSMART

Boom Logistics Limited (ASX:BOL)

ALERT: Price-sensitive ASX Announcement for BOL
Current share price for BOL : $2.120 0.42 (24.71%)+
Announcement
Release
20 Feb 2026 8:25AM
Price at Release
$1.700
Full Release
download
Summary
Boom Logistics Limited announced their FY26 interim results and guidance upgrade, reporting a revenue increase of 8% to $142.2 million for the first half of FY26, attributed to strong project activity in mining, infrastructure, and transmission lines. Despite a 73% drop in statutory net profit after tax due to specific incidents, underlying NPAT increased by 32% to $6.6 million. The company executed a $3.0 million share buyback and upgraded its statutory earnings per share to 26cps, a 20% increase from FY25. Boom targets up to $6.0 million in shareholder returns through buybacks and dividends, reflecting improved fleet productivity and operational efficiencies. The guidance upgrade is supported by a robust contract pipeline and effective capital management strategies aimed at delivering consistent shareholder returns.
Key Points
  • Revenue increased by 8% to $142.2 million in 1H FY26.
  • Statutory NPAT dropped by 73% due to specific incidents.
  • Underlying NPAT rose by 32% to $6.6 million.
  • Statutory EPS upgraded by 20% to 26cps.
  • Shareholder returns target increased to $6.0 million.
  • Strong project activity in mining, infrastructure, and transmission lines.
  • Improved fleet productivity and operational efficiencies.
  • Robust contract pipeline supports upgraded guidance.
  • Capital management strategies target consistent shareholder returns.
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.