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Simonds Group Limited (ASX:SIO)

ALERT: Price-sensitive ASX Announcement for SIO
Current share price for SIO : $0.155 0.035 (29.17%)+
Announcement
Release
16 Feb 2026 1:29PM
Price at Release
$0.120
Full Release
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Summary
The half-year report for Simonds Group Limited for the period ending 31 December 2025 highlights a significant increase in revenue from continuing operations, resulting in an improved profit after tax. This increase is attributed to the acquisition of Dennis Family Homes and the successful integration of alternative sales channels. The company showed a strong financial position with a healthy liquidity buffer. However, no dividends were declared for the period. Challenges such as macroeconomic conditions and IT security risks were acknowledged, while future growth is expected through strategic investments and a joint venture in Western Australia. The auditor's review confirmed compliance with relevant financial regulations.
Key Points
  • Revenue from continuing operations increased by 14.1% to $362.8 million.
  • Profit after tax rose by 57.9% to $3.0 million.
  • No dividends were declared for the half-year.
  • The company maintains a strong liquidity position with $43.8 million in cash and undrawn facilities.
  • Acquisition of Dennis Family Homes contributed to revenue growth.
  • Simonds Group entered into a joint venture to expand into the Western Australian market.
  • The auditor confirmed compliance with the Corporations Act 2001 and Australian Accounting Standards.
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.