InvestSMART

Clover Corporation Limited (ASX:CLV)

ALERT: Price-sensitive ASX Announcement for CLV
Current share price for CLV : $0.865 0.12 (16.11%)+
Announcement
Release
24 Mar 2026 8:35AM
Price at Release
$0.745
Full Release
download
Summary
Clover Corporation Limited reported strong financial and operational performance for the first half of FY26, with revenue rising to $44.1 million, an increase from $37.6 million in the previous year. The gross margin improved significantly to 35.6%, and EBITDA increased to $6.9 million, reflecting successful strategies in product diversification and manufacturing efficiencies. The company declared a fully franked interim dividend of 1.0 cent per share. Strategic investments are yielding positive results, including in Melody Dairies and fish oil extraction in Ecuador. New product developments and regulatory advancements for Premneo are ongoing. Revenue guidance for FY26 is projected between $92 to $96 million.
Key Points
  • 1H FY26 revenue of $44.1 million, up from $37.6 million in 1H FY25.
  • Gross margin improved to 35.6% from 27.1% in 1H FY25.
  • EBITDA increased to $6.9 million from $4.3 million in 1H FY25.
  • NPAT rose to $4.2 million from $2.4 million in 1H FY25.
  • Fully franked interim dividend declared at 1.0 cent per share.
  • Continued improvement in plant utilisation and efficiency at Melody Dairies.
  • Stable operations and growth in fish oil extraction in Ecuador.
  • Advancements in new products and regulatory approvals for Premneo.
  • Revenue guidance for FY26 between $92 to $96 million.
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.