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Propel Funeral Partners (ASX:PFP)

ALERT: Price-sensitive ASX Announcement for PFP
Current share price for PFP : $2.590 -0.74 (-22.22%)+
Announcement
Release
25 Aug 2026 9:02AM
Price at Release
$3.330
Full Release
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Summary
Propel Funeral Partners' FY26 results highlight a modest revenue increase of 0.3% to $226.6 million, despite a contraction in comparable funeral volumes by approximately 2% and unfavorable foreign exchange impacts. The company maintained a gross profit margin of 69.8%, while operating EBITDA decreased by 1.6% from FY25, primarily due to volume contraction and currency impacts, although acquisitions and cost control helped offset these. Net profit after tax fell by 4.0%, with the operating NPAT recorded at $20.7 million. The company remained financially robust with strong cash flow conversion at 100.7%, marked by strategic acquisitions and investments in property. Propel's diversified service offerings and strategic market positioning underpin its growth strategy, supported by favorable demographic trends in Australia and New Zealand.
Key Points
  • Revenue increased 0.3% to $226.6 million.
  • Comparable funeral volumes contracted by ~2%.
  • Gross profit margin maintained at 69.8%.
  • Operating EBITDA decreased by 1.6% from FY25.
  • Operating NPAT fell by 4.0% to $20.7 million.
  • Cash flow conversion remained strong at 100.7%.
  • Strategic acquisitions and investments in property.
  • Demographic trends support growth strategy in AU and NZ.
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.