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Redox Limited (ASX:RDX)

ALERT: Price-sensitive ASX Announcement for RDX
Current share price for RDX : $3.490 -0.31 (-8.16%)+
Announcement
Release
20 Aug 2026 8:22AM
Price at Release
$3.800
Full Release
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Summary
Redox Limited reported strong financial results for FY26 with sales revenue increasing to $1.330 billion, a 6.9% rise from the prior year driven by both organic growth and strategic acquisitions. North American sales saw significant growth, exceeding $100 million, contributing to an improved gross profit margin of 22.4%. Net Profit After Tax increased by 19.2% to $92 million. The company declared a final dividend of 6.5 cents per share, with a full-year payout of 74% of profits. Redox's strategic focus involves expanding organically and through acquisitions, supported by a strong balance sheet and robust free cash flow conversion.
Key Points
  • FY26 sales revenue reached $1.330 billion, a 6.9% increase from the previous corresponding period (PCP).
  • North American sales grew significantly by 33.8% to over $100 million for the first time.
  • The integration of acquired business Molekulis contributed to revenue growth in the APAC region.
  • Gross profit increased by 11.0% to $298 million, with a gross profit margin improvement to 22.4%.
  • Net Profit After Tax (NPAT) rose to $92 million, marking a 19.2% increase from the PCP.
  • The final dividend for FY26 was declared at 6.5 cents per share, with a full-year dividend payout ratio of 74%.
  • Redox's strategic focus remains on organic growth complemented by acquisitions and geographic expansion.
  • The company maintained a strong balance sheet with zero net debt and a 62.5% free cash flow conversion.
  • Redox is well-positioned for continued growth in the diversified chemical distribution market.
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.