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Evolution Mining Limited (ASX:EVN)

ALERT: Price-sensitive ASX Announcement for EVN
Current share price for EVN : $14.630 0.98 (7.18%)+
Release
19 Aug 2026 8:26AM
Price at Release
$13.650
Full Release
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Summary
For the fiscal year ended June 30, 2026, Evolution Mining Limited delivered strong financial performance marked by a 59% increase in statutory net profit after tax, reaching a record $1,475.1 million. The company reported a rise in net mine cash flow to $2,079.5 million, a 101% increase from the previous year, and operating mine cash flow of $3,394.3 million. Basic earnings per share improved by 57% to 72.84 cents. The company declared a final dividend of 21 cents per share, contributing to a total FY26 dividend of 41 cents per share, aligning with an updated dividend policy targeting 60% of annual group cash flow. Evolution Mining achieved record annual cash flow and maintained a net cash position, with a strong liquidity profile, supported by increased gold and copper production and favorable market conditions. Significant developments included the commencement of mining at new pits and expansion projects at Cowal and Mungari. The company also announced acquisitions to enhance copper growth opportunities, reflecting a commitment to sustainable growth and stakeholder engagement.
Key Points
  • Record statutory net profit after tax of $1,475.1 million, 59% increase.
  • Net mine cash flow rose to $2,079.5 million, up 101%.
  • Operating mine cash flow increased to $3,394.3 million.
  • Basic earnings per share improved to 72.84 cents.
  • Declared total FY26 dividend of 41 cents per share.
  • Net cash position and strong liquidity profile maintained.
  • Significant mining and expansion projects at Cowal and Mungari.
  • Acquisitions announced for copper growth opportunities.
  • Commitment to sustainable growth and stakeholder engagement.
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.