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Lindsay Australia Limited (ASX:LAU)

ALERT: Price-sensitive ASX Announcement for LAU
Current share price for LAU : $0.665 -0.055 (-7.64%)+
Announcement
Release
23 Feb 2026 8:37AM
Price at Release
$0.720
Full Release
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Summary
Lindsay Australia Limited reported strong financial results for the first half of 2026, with a focus on acquisition-led growth and strategic expansion. The company achieved a 24.8% increase in group revenue to $540.3 million and a 16.0% rise in underlying EBITDA to $66.4 million. The transport sector was a key growth driver, augmented by acquisitions such as SRT Logistics. The company also made significant investments in fleet and facilities, enhancing its national network. Despite increased leverage due to acquisitions, Lindsay Australia remains committed to disciplined capital management and strategic growth, with a fully franked interim dividend declared at 2.1 cents per share. The company is poised for continued growth driven by geographic diversification and network expansion, positioning itself to capture long-term opportunities in the Australian market.
Key Points
  • Group revenue increased by 24.8% to $540.3 million.
  • Underlying EBITDA rose by 16.0% to $66.4 million.
  • Transport sector contributed significantly to growth.
  • Focus on strategic acquisitions like SRT Logistics.
  • Investments in fleet and facilities enhanced the national network.
  • Net leverage temporarily above target range due to acquisitions.
  • Fully franked interim dividend of 2.1 cents per share declared.
  • Continued focus on geographic diversification and network expansion.
  • Positioned for long-term growth in the Australian market.
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.