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Boom Logistics Limited (ASX:BOL)

ALERT: Price-sensitive ASX Announcement for BOL
Current share price for BOL : $2.190 0.14 (6.83%)+
Announcement
Release
19 Aug 2026 8:33AM
Price at Release
$2.050
Full Release
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Summary
Boom Logistics Limited, an Australian lifting and logistics company, announced significant financial improvements for the fiscal year ending 30 June 2026. The company reported a 2.4% increase in revenue to $271 million, alongside a 45.4% rise in underlying earnings per share. Despite a statutory NPAT decrease due to one-off impacts, operational performance was strong with increased EBITDA and reduced net gearing. Boom secured substantial long-term contracts and implemented capital management strategies, including share buybacks and dividends. The company aims to sustain earnings growth and operational improvements into FY27.
Key Points
  • Boom Logistics Limited reported its full-year financial results for FY26, ending 30 June 2026.
  • The company achieved a 2.4% increase in revenue to $271 million.
  • There was a 45.4% rise in underlying earnings per share (EPS).
  • Boom reported strong cash generation and an increase in shareholder returns.
  • Long-term contract wins were secured in core markets such as mining, infrastructure, and energy.
  • Statutory net profit after tax (NPAT) was impacted by one-off events, leading to a decrease to $11 million.
  • Operational improvements included a 3.6% rise in statutory EBITDA and a 6.6% increase in underlying EBITDA.
  • The company reduced its net gearing to 39.5%, strengthening its financial position.
  • Boom implemented share buybacks and declared dividends as part of its capital management strategy.
  • The company maintains a strong focus on sustainable earnings growth and operational efficiency for FY27.
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.