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Redox Limited (ASX:RDX)

ALERT: Price-sensitive ASX Announcement for RDX
Current share price for RDX : $4.030 1.37 (51.50%)+
Announcement
Release
19 Feb 2026 8:28AM
Price at Release
$2.660
Full Release
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Summary
Redox Limited presented its Half Year Results for 1H26, showing a growth in sales revenue by 6.6% compared to the previous period, reaching $674 million. The company's gross profit grew by 5.9%, maintaining a stable gross margin of 21.5%. Key highlights include a significant increase in North American sales by 33.2%, driven by industrial and food segments. The company maintained a robust cash position with $145 million in cash and equivalents and declared an interim dividend of 6.5 cents per share, representing a 78% payout ratio. Redox’s strategy focuses on organic growth and acquisitions, leveraging its strong financial position and expansive market reach across various segments. The company is positioned to continue its growth trajectory through disciplined execution and diversification, despite dynamic market conditions.
Key Points
  • Sales revenue reached $674 million, up 6.6% from the prior period.
  • Gross profit increased by 5.9%, maintaining a gross margin of 21.5%.
  • North American sales grew by 33.2%, largely due to industrial and food segment expansion.
  • The company has $145 million in cash and equivalents, with no net debt.
  • An interim dividend of 6.5 cents per share was declared, with a payout ratio of 78%.
  • Redox’s strategy includes organic growth and acquisitions to expand market reach.
  • The company maintains a strong financial position to support its growth strategy.
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.