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Globe International Limited (ASX:GLB)

ALERT: Price-sensitive ASX Announcement for GLB
Current share price for GLB : $2.390 -0.36 (-13.09%)+
Announcement
Release
26 Feb 2026 12:23PM
Price at Release
$2.750
Full Release
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Summary
The half-year financial report for Globe International Limited, ending on 31 December 2025, revealed a 3% increase in total revenue, reaching $98.2 million. Despite geopolitical instability and increased tariffs in the USA, the company managed to generate strong growth in Europe and maintained a consistent cash position of $19.3 million. The report highlighted a net profit after tax of $3.418 million, a decrease from $4.759 million in the previous year. The earnings before interest and tax (EBIT) were reported at $5.163 million, representing a 5.3% return on sales. An interim dividend of 10 cents per share was announced, with a total of $4.1 million being fully franked. The directors confirmed no subsequent events impacting the financial position, and no contingent liabilities were reported.
Key Points
  • Total revenue increased by 3% to $98.2 million.
  • Net profit after tax was $3.418 million, down from $4.759 million.
  • EBIT was $5.163 million, or 5.3% of sales.
  • Cash position was maintained at $19.3 million.
  • An interim dividend of 10 cents per share was declared.
  • Strong growth was driven by the European market.
  • No significant events occurred after the reporting period.
  • No contingent liabilities were reported.
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.