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Fleetwood Limited (ASX:FWD)

ALERT: Price-sensitive ASX Announcement for FWD
Current share price for FWD : $2.410 -0.45 (-15.73%)+
Announcement
Release
27 Aug 2025 8:09AM
Price at Release
$2.860
Full Release
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Summary
Fleetwood Limited announced its FY25 results with significant financial improvements, reporting a net profit after tax of $14.6 million, a 284% increase from the previous year. The company experienced a revenue increase to $505.2 million, up by $85.3 million from FY24. The Building Solutions segment notably increased revenue by 15%, driven by diversification across key sectors. However, RV Solutions faced challenges with reduced demand for locally made RVs, though the aftermarket segment remained robust. Fleetwood's free cash flow rose to $27.0 million, with closing cash at $51.0 million. Capital management involved a share buy-back and a substantial dividend increase, resulting in a payout ratio of 158%. Fleetwood's outlook is strong, with continued growth expected in Community and Building Solutions, while RV Solutions aims to return to profitability in FY26.
Key Points
  • Fleetwood's net profit after tax rose by 284% to $14.6 million.
  • Revenue for FY25 increased to $505.2 million.
  • Building Solutions experienced a 15% revenue boost.
  • RV Solutions faced challenges but remained resilient in the aftermarket.
  • Free cash flow increased significantly to $27.0 million.
  • A share buy-back and increased dividends were part of capital management.
  • Community Solutions achieved strong occupancy rates in strategic assets.
  • Positive outlook with significant growth expected in key segments.
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.