The Cleanaway Waste Management Ltd (ASX: CWY) share price is in focus today after the company reported a 13.5% rise in gross revenue to $4,371.3 million and a fully franked final dividend up 14.2% to 6.85 cents per share for FY26.

What did Cleanaway Waste Management report?

• Gross revenue lifted 13.5% to $4,371.3 million; net revenue up 13.1% to $3,736.7 million.
• Underlying EBIT rose 14.2% to $470.2 million, with EBIT margin increasing to 12.6%.
• Underlying net profit after tax (NPAT) up 13.6% to $223.1 million; statutory NPAT decreased 37.2% to $98.5 million due to significant items.
• Free cash flow climbed 63.7% to $213.8 million.
• Final fully franked dividend of 3.5 cents per share, taking the total FY26 dividend to 6.85 cents per share (up 14.2%).

What else do investors need to know?

Cleanaway’s FY26 result was powered by the strong performance of its Solid Waste Services segment and the integration of recent acquisitions, including Contract Resources and Citywide Waste. While the core business segments delivered growth, the company faced challenges in Health Services and Industrial Services, where lower earnings were offset by operational improvements and new recovery plans.

During the year, Cleanaway announced a non-binding, indicative takeover proposal from EQT Infrastructure. The $3.13 per share bid, reduced by the final dividend, implies a significant premium to Cleanaway’s recent trading price, but is still subject to due diligence and a binding agreement. The board has indicated support for the proposal in the absence of a superior offer and a favourable expert opinion.

What did Cleanaway Waste Management management say?

Cleanaway CEO & Managing Director Mark Schubert said:

FY26 was a demanding year for Cleanaway, but also one in which we delivered earnings growth, materially stronger free cash flow and improved returns. The strength of our core business remains clear. Solid Waste Services and Contract Resources performed strongly. Where we did not meet our expectations, the issues are concentrated in specific parts of the portfolio, we understand them and we are focused on improving performance.

The opportunity from here is to generate more growth from the platform we already have. In FY27 our focus is on recurring customer growth, price, productivity and utilisation, so that more of our earnings growth is organic, predictable and sustainable.

What’s next for Cleanaway Waste Management?

Looking ahead to FY27, Cleanaway expects underlying EBIT to be between $500 million and $530 million. The company will focus on growing its Collections business, driving improvements in Environmental & Technical Solutions, and leveraging investments in technology and efficiency initiatives. Management is also targeting stronger free cash flow and margin expansion as part of “Blueprint 2030 2.0”.

The outcome of the EQT Infrastructure proposal will be closely watched, as it could mean a significant change in ownership and deliver extra value to shareholders if completed.

Cleanaway Waste Management share price snapshot

Over the past 12 months, the Cleanaway Waste Management share price has underperformed the S&P/ASX 200 Index (ASX: XJO) with a decline of around 8%.

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The post Cleanaway FY26: earnings rise, dividend up, takeover bid in play appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Super Retail Group Ltd (ASX: SUL) share price is in focus today after the company reported a 3.2% rise in group sales to $4.2 billion and a 5.3% uplift in online sales for the year ended 27 June 2026.

What did Super Retail Group report?

• Group sales up 3.2% to $4.2 billion
• Normalised net profit after tax (NPAT) down 2.8% to $226 million; statutory NPAT down 7.2% to $206 million
• Statutory earnings per share of 91.2 cents; normalised EPS of 100 cents
• Fully franked final dividend of 33 cents per share; total ordinary dividends for FY26 at 65 cents per share
• Online sales up 5.3% to $552 million, now 13.1% of group sales
• Net debt of $14 million, conservative balance sheet

What else do investors need to know?

Super Retail Group’s retail brands performed with mixed results. Rebel and Supercheap Auto delivered a strong top-line, while BCF faced softer trading, and Macpac’s sales momentum moderated in the fourth quarter due to mild winter conditions. The group opened 28 new stores and closed 13, expanding its physical footprint across brands.

Operating costs grew on the back of network expansion, wage and occupancy inflation, and investment in technology, including a new payroll system and a new automated distribution centre in Victoria. Inventory levels increased due to new stores and tactical supply planning, with aged inventory within target range.

What did Super Retail Group management say?

Group Managing Director and CEO Paul Bradshaw said:

Super Retail Group delivered a solid FY26 result, achieving record sales in the face of significant headwinds that included geopolitical instability in the Middle East, unfavourable weather and increasing interest rate pressure on households… While challenges in the broader retail landscape remain, I’m confident we have the team and strategy in place to meet evolving customer needs and deliver future growth.

What’s next for Super Retail Group?

Management has launched a new five-year strategy focused on growth and transformation, including further investment in technology and expansion of its store network. In the first seven weeks of FY27, total group sales are up 3.5% compared to the prior year, with strong starts from Supercheap Auto and BCF, though Macpac continues to be impacted by mild weather in Australia.

The group expects to open a net 18 new stores in FY27 and plans further investment in network expansion and Project Ignite, its ongoing transformation program. Uncertainty remains, with external factors such as higher interest rates, fuel costs, and geopolitical tensions impacting consumer confidence.

Super Retail Group share price snapshot

The Super Retail Group share price has struggled over the past 12 months, losing around 25% of its value. This compares to a modest 1.5% gain by the S&P/ASX 200 index (ASX: XJO).

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The post Super Retail Group grows sales in FY26, dividend maintained amid growth plans appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Super Retail Group. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

It has been a big week for Aussie investors with a large number of popular ASX shares releasing results.

Let’s see what Morgans is saying about three of these shares after reviewing their results.

BHP Group Ltd (ASX: BHP)

Morgans was pleased with BHP’s FY 2026 results, noting that it maintained a solid operating performance and benefitted from higher commodity prices.

However, due to its current valuation, the broker has downgraded BHP shares to a trim rating with a $55.30 price target. It said:

A solid FY26 result, with an upsized final dividend of US 99cps, against a share price that appears to already factor in more upside, we lower our rating to TRIM. Metal prices were a key driver, but BHP also maintained a solid operating performance on controllable factors against a tough backdrop in FY26.

CSL Ltd (ASX: CSL)

The broker notes that biotech giant CSL delivered a result broadly in line with expectations in FY 2026. 

It was particularly pleased to see that immunoglobulins demand has remained strong, the Seqirus business delivered seasonal influenza vaccine growth, and cost savings ahead of target.

In response, Morgans has retained its buy rating with a $187.71 price target. It commented:

The FY26 result was broadly in line with expectations, with revenue of US$15.8bn (+3% vs guidance) and underlying NPATA of US$3.1bn. Importantly, underlying Ig demand remains strong, Seqirus delivered seasonal influenza growth despite lower US immunisation rates and transformation savings reached US$176m ahead of target, although Vifor continues to face challenges. 

While FY27 targets flat top line growth, as Vifor remains a significant drag, the earnings trajectory is becoming increasingly skewed towards recovery, supported by stabilising plasma economics, cost-outs and improved commercial execution. We make modest changes to FY27-28 estimates and increase our blended DCF, PE and EV/EBITDA-based target price to A$187.71 on a multiple roll forward. BUY.

Hub24 Ltd (ASX: HUB)

Finally, Morgans was pleased with this investment platform provider’s FY 2026 results. 

It highlights that its EBITDA was up 30% and in line with expectations, while its net profit after tax was slightly ahead of estimates. 

Following a review of the results, Morgans has retained its accumulate rating with a $92.00 price target. It said:

HUB’s FY26 Group result was largely in line with expectations with underlying EBITDA of A$211.4m, up 30% on pcp, consistent with MorgansF/Consensus A$212m, and underlying NPAT of A$137.3m slightly ahead of MorgansF A$131.9m. Platform EBITDA however fell short of expectations due to slower revenue momentum in 2H26, which was outpaced by 2H26 Platform Opex growth. HUB’s FY28 FUA target of A$186-200bn points to FY28 net flows of ~A$18-19bn, however momentum through to Aug’26 appears to be running behind this due to elevated discretionary gross outflows. 

Whilst the timing of this roll-off remains uncertain, we see this as a near-term headwind and likely to abate, although it does suggest FY27 flows will track lower than FY26 (particularly vs. 1H26). Our EPS forecast moves by +/-1% in FY27-28F, which sees our price target revised to A$92.00/sh. We retain our Accumulate rating.

The post Buy, hold, sell: BHP, CSL, and HUB24 shares appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and Hub24. The Motley Fool Australia has recommended BHP Group, CSL, and Hub24. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.