McMillan Shakespeare Limited (ASX:MMS)

ALERT: Price-sensitive ASX Announcement for MMS

Current share price for MMS : $19.540 2 (11.40%)⁺

Announcement

1HFY26 Results Presentation

Release

23 Feb 2026 7:48AM

Price at Release

$17.540

Full Release

Summary

The 1HFY26 Results Presentation for McMillan Shakespeare Limited highlights a period of solid financial performance, with an increase in revenue, operating income, and EBITDA compared to the previous year. Key metrics show improvements across segments, including the growth in Fleet units and PSS customers, and a strong operating margin. The company reported a rise in salary packages and novated leases, along with enhanced digital interactions and customer engagements. MMS maintained a high underlying cash conversion rate and announced an on-market share buy-back, reflecting its commitment to returning value to shareholders while maintaining strategic investments for future growth. The report emphasizes the importance of driving simplicity and technology enablement to enhance customer service and productivity.

Key Points

Increase in revenue to $297.4 million, up 11.2% from 1HFY25.
EBITDA rose to $84.7 million, marking a 4.8% increase.
UNPATA increased by 1.4% to $50.3 million.
Fleet units grew by 4.4% to 15.4k.
PSS customers expanded by 16.1% to 43.0k.
Salary packages and novated leases saw respective increases of 1.7% and 7.0%.
Maxxia digital interactions increased by 510 basis points.
Strong underlying cash conversion rate of 88%.
On-market share buy-back announced up to $10 million.
Focus on digital enhancements and strategic investments for future growth.

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.