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EVT Limited (ASX:EVT)

ALERT: Price-sensitive ASX Announcement for EVT
Current share price for EVT : $12.440 -0.78 (-5.90%)+
Announcement
Release
23 Feb 2026 9:33AM
Price at Release
$13.220
Full Release
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Summary
EVT Limited's half-year results presentation for the period ending 31 December 2025 highlights a 5.4% increase in revenue and a 5.5% growth in normalised EBITDA. The company has prioritised its hotel operations, which saw a 5.7% revenue increase. Entertainment in Germany contributed significantly with a 54.1% growth in EBITDA, despite an overall 3.1% decline in the Entertainment segment. Thredbo ski resort reported a 19.5% revenue increase and a 30.8% rise in EBITDA. EVT is focusing on strategic capital recycling and property divestment to enhance hotel growth, including the acquisition of QT Auckland and divestment of Geelong. The outlook for the second half is positive, with expectations of further growth in hotels and entertainment performance, subject to film and weather conditions. The interim dividend announced is 18 cents per share, fully franked.
Key Points
  • Revenue increased by 5.4% and normalised EBITDA grew by 5.5%.
  • Hotels segment saw a 5.7% revenue growth.
  • Entertainment Germany EBITDA grew by 54.1%.
  • Thredbo reported a 19.5% increase in revenue and 30.8% in EBITDA.
  • Strategic focus on hotel operations and capital recycling.
  • QT Auckland acquired and Geelong sold.
  • Positive outlook for the second half, subject to film and weather conditions.
  • Interim dividend of 18 cents per share, fully franked.
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.