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Saunders International Limited (ASX:SND)

ALERT: Price-sensitive ASX Announcement for SND
Current share price for SND : $1.100 0.16 (17.02%)+
Announcement
Release
25 Feb 2026 8:56AM
Price at Release
$0.940
Full Release
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Summary
Saunders International Limited reported its financial results for the first half of FY2026, showing a significant increase in revenue to $143.6 million, up 13.7% from H1 FY2025. Despite the revenue increase, EBITDA was adjusted to $0.37 million, reflecting acquisition costs. The company, with a strong cash position of $26.7 million, secured $155.8 million in new contracts across various sectors including Defence, Water, Energy, and Resources. The pipeline of opportunities grew to $4.9 billion, marking a 22.5% increase. A strategic focus on market-facing delivery and the integration of Aqua Metro were highlighted as key drivers for growth. However, no interim dividend was declared to support business growth. The outlook for the second half of FY2026 includes continued project awards and improving operational stability.
Key Points
  • H1 FY2026 revenue of $143.6 million, up 13.7% from H1 FY2025.
  • Adjusted EBITDA at $0.37 million, reflecting acquisition costs.
  • Strong cash position of $26.7 million.
  • Secured $155.8 million in new contracts across key sectors.
  • Pipeline of opportunities increased to $4.9 billion.
  • Integration of Aqua Metro enhanced capabilities, particularly in Water sector.
  • No interim dividend declared to support growth strategy.
  • Focus on market-facing delivery and project lifecycle self-performance.
  • Anticipates increased project awards and operational stability in H2 FY2026.
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.