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McMillan Shakespeare Limited (ASX:MMS)

ALERT: Price-sensitive ASX Announcement for MMS
Current share price for MMS : $19.000 1.46 (8.32%)+
Announcement
Release
23 Feb 2026 7:48AM
Price at Release
$17.540
Full Release
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Summary
McMillan Shakespeare Limited announced its 1HFY26 results, reporting a statutory net profit after tax from continuing operations of $49.6 million, a 9.7% increase from 1HFY25. The company reported underlying net profit after tax and amortisation of $50.3 million, up by 1.4%. Revenue grew to $297.4 million, an 11.2% increase, driven by growth across all segments. Oly, a brand of MMS, expanded its client base by 233%, contributing to 5.2% of all group novated lease sales. MMS plans an on-market buyback worth $10 million and declared a fully franked dividend of 62 cents per share. The company emphasized ongoing investments in customer experience, technology, and strategic priorities to sustain growth.
Key Points
  • Statutory NPAT from Continuing Operations increased by 9.7% to $49.6m.
  • Underlying NPAT and Amortisation (UNPATA) was $50.3m, up 1.4%.
  • Group revenue rose by 11.2% to $297.4m due to growth in all segments.
  • Oly brand expanded client base by 233%, representing 5.2% of group novated lease sales.
  • The company announced a $10m on-market share buyback.
  • Fully franked dividend of 62 cents was declared.
  • Focus on strategic priorities including customer experience, technology, and simplicity.
  • Transition of Onboard Finance resulted in non-normalised results.
  • Strong growth in Onboard Finance receivables, up 31% to $539m.
  • Productivity improvements with 'Customers per FTE' up 14.1%.
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.