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Virgin Australia Holdings Limited (ASX:VGN)

ALERT: Price-sensitive ASX Announcement for VGN
Current share price for VGN : $2.640 -0.51 (-16.19%)+
Announcement
Release
27 Feb 2026 8:16AM
Price at Release
$3.150
Full Release
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Summary
Virgin Australia Holdings Limited reported a statutory profit of $341.1 million for the half-year ended 31 December 2025, showing a decline from the previous year. The company's revenue increased to $3,322.9 million, driven by higher airline passenger and loyalty program revenues. Total expenditures also rose due to increased labour and airport charges. Despite a rise in net finance costs and a strategic focus on restructuring and transformation projects, Virgin Australia improved its underlying EBITDA by 12.7% to $720.3 million. Interest-bearing liabilities decreased, and the company's share capital remained stable.
Key Points
  • Virgin Australia Group reported a statutory profit of $341.1 million for the half-year ended 31 December 2025, compared to $473.1 million in the previous year.
  • Total revenue and income for the period were $3,322.9 million, showing an increase from $3,039.1 million in the previous year.
  • The company experienced a significant expenditure increase, with operating costs rising to $2,862.6 million from $2,709.2 million, driven by increased labour and airport charges.
  • The loyalty program revenue grew to $204.0 million from $190.9 million.
  • Virgin Australia's underlying EBITDA improved to $720.3 million, a 12.7% increase from $638.9 million in the prior period.
  • Net finance costs increased slightly to $91.2 million, up from $81.5 million.
  • The company's total comprehensive income for the half-year was $346.4 million, down from $488.8 million in the previous year.
  • The report indicates a strategic focus on restructuring and transformation projects, impacting financial performance through significant items.
  • Interest-bearing liabilities were reduced from $1,311.4 million to $1,093.9 million.
  • Share capital at 31 December 2025 remained at $2,243.4 million with 782.0 million shares.
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.