Propel Funeral Partners (ASX:PFP)

ALERT: Price-sensitive ASX Announcement for PFP

Current share price for PFP : $2.890 -0.44 (-13.21%)⁺

Announcement

Results Announcement (FY26)

Release

25 Aug 2026 9:03AM

Price at Release

$3.330

Full Release

Summary

Propel Funeral Partners Limited announced its financial results for the fiscal year ending 30 June 2026. The company reported revenue of $226.6 million, consistent with the prior year, and an operating EBITDA of $55.3 million, marking a 1.6% decrease. Operating NPAT was $20.7 million, down by 4.0% from the previous year. The total dividends declared amounted to 14.4 cents per share, identical to FY25. Propel completed five acquisitions worth approximately $12 million and maintained a strong financial position with $169 million in funding capacity. The company continues to focus on its strategy of acquiring businesses in the death care industry across Australia and New Zealand, operating from 213 locations. Despite a challenging environment, Propel performed about 22,850 funerals, showing a slight increase from the previous year. Looking ahead, the company expects growth supported by favorable demographics and recent acquisitions.

Key Points

Revenue of $226.6 million for FY26, matching prior year's performance.
Operating EBITDA of $55.3 million, a decrease of 1.6% from FY25.
Operating NPAT of $20.7 million, down by 4.0% from the previous fiscal year.
Total dividends declared were 14.4 cents per share, consistent with FY25.
Five acquisitions completed, totaling approximately $12 million.
Strong funding capacity of $169 million, including new financing facilities.
Performed approximately 22,850 funerals, with a 1.1% growth from the previous year.
Continued focus on acquisitions in the death care industry in Australia and New Zealand.
Operating from 213 locations, including cremation facilities and cemeteries.
Outlook for growth supported by favorable demographics and acquisition contributions.

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.