InvestSMART

Washington H. Soul Pattinson and Co. Limited (ASX:SOL)

ALERT: Price-sensitive ASX Announcement for SOL
Current share price for SOL : $43.950 5.67 (14.81%)+
Announcement
Release
26 Mar 2026 8:56AM
Price at Release
$38.280
Full Release
download
Summary
Washington H. Soul Pattinson and Co. Limited released their 1H26 ASX Investor Presentation, highlighting a strong financial performance with a Net Asset Value (NAV) pre-tax growth of 9.7%, outperforming the ASX200 Total Return Index by 6.6%. The company reported a statutory Net Profit After Tax (NPAT) of $2,303 million, a significant increase from the previous year, buoyed by the Brickworks merger and associated accounting gains. Regular NPAT was $304 million, up 6.7% from the previous period. The company's diversified investment portfolio, valued at $13.8 billion pre-tax, includes substantial investments in listed and private companies, credit, emerging companies, and real assets. The portfolio's cash flow from investments increased by 15.4% to $334 million, supporting a 9.1% growth in interim dividends. The presentation emphasized the company's strategy of managing investment risk, capitalizing on market opportunities, and maintaining a strong cash generation to support dividend growth.
Key Points
  • NAV pre-tax growth of 9.7%, outperforming the market by 6.6%.
  • Statutory NPAT increased to $2,303 million due to Brickworks merger.
  • Regular NPAT grew by 6.7% to $304 million.
  • Investment portfolio valued at $13.8 billion pre-tax.
  • Cash flow from investments rose by 15.4% to $334 million.
  • Interim dividend growth of 9.1%.
  • Strategy focused on risk management and market opportunities.
  • Portfolio diversification includes listed and private companies, credit, emerging companies, and real assets.
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.