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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 8:47AM
Price at Release
$0.720
Full Release
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Summary
The FY26 Half Year Investor Presentation for Lindsay Australia Limited highlights significant growth in transport revenue driven by both organic performance and strategic acquisitions such as SRT. While there is a noted decrease in underlying EBITDA margins due to competitive market pressures and rising costs, the company anticipates over $1 million in cost synergies through integration strategies by FY26. Lindsay continues to expand its operational network and infrastructure, aiming to increase earnings resilience by growing non-seasonal business segments like dairy and protein. This presentation underscores the company's focus on strategic growth, operational leverage, and maintaining competitive edge in the freight sector.
Key Points
  • Lindsay Australia Limited reported transport revenue growth to $330.6 million, driven by strong horticultural volumes and the SRT acquisition.
  • Underlying EBITDA margins decreased from 24.3% to 21.4% due to competitive pressures and costs.
  • The Group's strategic acquisition of SRT is expected to deliver over $1 million in annualized cost synergies by FY26.
  • Lindsay Australia has been investing in expanding its national network and supporting infrastructure to enhance growth.
  • The FY26 outlook includes sustained growth in non-seasonal categories like dairy and protein to improve earnings resilience.
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.