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DGL Group Limited (ASX:DGL)

ALERT: Price-sensitive ASX Announcement for DGL
Current share price for DGL : $0.275 -0.085 (-23.61%)+
Announcement
Release
21 Aug 2026 2:26PM
Price at Release
$0.360
Full Release
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Summary
DGL Group Limited released an FY26 Results Update indicating a revenue increase in the second half of the financial year ending 30 June 2026, attributed to higher revenues in Manufacturing and Transport operations. However, the company faced challenges due to increased raw material costs, international shipping rates, competition from low-cost imports, and declining sentiment, resulting in an estimated underlying net loss before tax of between $8.5 million to $9.5 million in the second half, compared to a gain of $2.4 million in the first half of FY26. DGL is responding by reducing controllable operating costs and accelerating consolidation efforts, with final audit adjustments pending.
Key Points
  • Revenue in H2 FY26 increased by 4.4% over H1 FY26.
  • Significant cost impacts from the Middle East conflict and increased shipping rates.
  • Estimated H2 FY26 net loss before tax between $8.5 to $9.5 million.
  • H1 FY26 showed a gain of $2.4 million.
  • DGL is cutting controllable operating costs and consolidating operations.
  • Final full-year results are expected by 31 August 2026.
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.