Category: Stock Market

The Whitehaven Coal Ltd (ASX: WHC) share price is in focus after the company reported a $69 million statutory profit for H1 FY26, with a fully franked interim dividend of 4 cents per share declared.

What did Whitehaven Coal report?

• Revenue: $2.48 billion, down 28% from $3.43 billion in H1 FY25
• Underlying EBITDA: $446 million, down 54%
• Cash generated from operations: $387 million, down 58%
• Statutory NPAT: $69 million (includes $88 million non-recurring items); underlying net loss after tax of $19 million
• Fully franked interim dividend: 4.0 cents per share ($32 million) plus up to $32 million share buy-back
• Run-of-mine coal production: 20Mt, up from 19.4Mt in H1 FY25

What else do investors need to know?

Whitehaven improved its safety performance, with a TRIFR of 2.9, down from 4.6, and reported zero environmental enforcement actions. Net debt rose to $710 million at 31 December 2025, reflecting reserved cash for acquisition payments.

The company closed the half-year with robust production, benefiting from diversification into metallurgical coal despite coal prices being 19% lower than last year. Operating costs fell slightly to $135 per tonne, and a cost-out program targeting $60 to $80 million in annual savings is on track.

What did Whitehaven Coal management say?

Paul Flynn, CEO & Managing Director, said:

Performance across Whitehaven’s QLD and NSW operations in the first half of FY26 was in line with or better than plan.

Although prices were relatively soft in H1 FY26, Whitehaven’s scale and diversification into metallurgical coal is delivering value through the cycle, allowing us to benefit from the dynamics of both metallurgical and high-CV thermal coal markets.

What’s next for Whitehaven Coal?

The outlook remains positive, with long-term demand for both metallurgical and high-quality thermal coal supported by energy security needs and strong offtake arrangements. While thermal coal prices remain subdued, metallurgical coal markets are showing signs of recovery.

Whitehaven is confident it will deliver at the upper end of its FY26 guidance for coal production and sales. The company also plans to lower financing costs in FY27 by refinancing its US$1.1 billion facility, aiming to diversify funding sources and improve cost efficiency.

Whitehaven Coal share price snapshot

Over the past 12 months, Whitehaven Coal shares have risen 56%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 9% over the same period.

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The post Whitehaven Coal posts H1 FY26 profit, declares 4c dividend as guidance maintained appeared first on The Motley Fool Australia.

More reading

• Downer EDI earnings: Profit rises, margin tops target, order book grows
• Is it time to buy this resurgent ASX 200 share?
• Charter Hall Group boosts half-year profit and lifts guidance for FY26
• Goodman Group posts $1.2b profit and expands data centre pipeline
• Zip reports record 1H FY26 cash earnings and upgrades guidance

Motley Fool contributor Laura Stewart 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.

ASX All Ords gold stock Ausgold Ltd (ASX: AUC) is charging higher today.

Ausgold shares closed yesterday trading for $1.015. In early morning trade on Thursday, shares are changing hands for $1.050 apiece, up 3.5%.

For some context, the All Ordinaries Index (ASX: XAO) is up 0.9% at this same time.

This sees the Ausgold share price up 123.4% in 12 months, smashing the 7.1% one-year gains delivered by the benchmark index.

Here’s what’s catching investor interest today.

ASX All Ords gold stock jumps on cooperative agreement

The Ausgold share price is lifting after the company announced that it has entered into a binding Consultation and Cooperation Agreement with the Wagyl Kaip Southern Noongar Aboriginal Corporation (WKSNAC).

The agreement involves the ASX All Ords gold stock’s 100%-owned Katanning Gold Project, located in Western Australia.

WKSNAC is the Indigenous Land Use Agreement holder for the region.

Ausgold said that the “landmark” agreement creates a framework for ongoing consultation and cooperation with WKSNAC to support the development, construction, and operation of its Katanning Gold Project.

The agreement aims to deliver long-term benefits for both the miner and the traditional owners, enabling cultural heritage management and stakeholder engagement.

What did management say?

Commenting on the agreement helping to boost the ASX All Ords gold stock today, Ausgold executive chairman John Dorward said, “This agreement represents an important and very positive milestone for the Katanning Gold Project and reflects our commitment to working collaboratively with the Wagyl Kaip Southern Noongar Aboriginal People.”

Dorward added:

Establishing a clear and respectful framework for managing important matters such as cultural heritage and community engagement is critical as we progress the Katanning Gold Project towards development.

It is through collaborative partnerships like this that we seek to ensure that the Katanning Gold Project will deliver tangible long-term benefits for all stakeholders.

What’s been happening with the ASX All Ords gold stock?

Ausgold reported its December quarterly results on 16 January.

Among the highlights for the three months, the ASX All Ords gold stock delivered an updated Definitive Feasibility Study (DFS) for its Katanning Gold Project.

The updated DFS increased the project’s life-of-mine forecast gold production by 82,000 ounces to 1.22 million ounces. Average annual gold production is forecast to be 143,000 ounces in the first four years, with “a significantly enhanced production profile” in years five to 10.

The updated DFS also pointed to lower costs, with an all-in sustaining cost (AISC) over the first four years of $2,157 per ounce and $2,252 per ounce over the life-of-mine.

“The December Quarter was another exceptionally active period for Ausgold, with strong progress achieved across multiple fronts towards the development of our flagship 2.44-million-ounce Katanning Gold Project,” Dorward said on the day.

The post Up 123% in a year, ASX All Ords gold stock lifting off again today on ‘landmark’ agreement appeared first on The Motley Fool Australia.

More reading

• Up 185% in a year, ASX All Ords gold stock reports further growth potential

Motley Fool contributor Bernd Struben 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.

Zip Co Ltd (ASX: ZIP) share are crashing on Thursday.

In early trade, the buy now, pay later provider’s shares are down 33% to $1.90.

This follows the release of Zip’s half-year results before the market open.

Record earnings and margin expansion

For the six months ended 31 December, Zip reported record cash EBTDA of $124.3 million. This was up 85.6% on the prior corresponding period.

Key drivers of this growth were its total transaction volume (TTV), which rose 34.1% to $8.4 billion, and operating margin improvements. The latter increased significantly to 18.7% from 13% a year earlier.

Transactions increased 20.2% to 54.9 million, and the number of merchants on the platform grew 10.5% to 90,600. Active customers rose by 4.1% to 6.6 million.

Cash gross profit climbed 33.5% to $314.3 million, with a strong cash net transaction margin of 3.8%, in line with the prior period.

Importantly, net bad debts were 1.73% of TTV, which is broadly in line with management’s strategic settings.

US growth

The US business continues to be the primary growth engine. The company revealed that US TTV increased 44.7% year on year to $6.3 billion, with revenue up 47% to $445.3 million. Active customers in the US rose 9.7% to 4.6 million.

Zip’s CEO and managing director, Cynthia Scott, said:

We continue to execute strongly on our US growth opportunity, with TTV and revenue up 44.2% and 46.4% respectively (in USD), with active customers up 9.7% (407k) year on year. We also expanded our Pay-in-Z offering, giving customers greater flexibility for everyday purchases by making Pay-in-2 available to all customers in February 2026.

In the ANZ market, TTV grew 9.7% to $2.1 billion, with revenue up 3.1%. Management noted that revenue and Australian receivables returned to growth, supported by the rollout of Zip Plus and improved funding outcomes.

Guidance upgraded

Also failing to give Zip shares a boost today is management upgrading its FY 2026 guidance.

The company now expects its group operating margin to be greater than 18%, up from its previous 16% to 19% range. It also upgraded its guidance for group cash EBTDA as a percentage of TTV to be greater than 1.4%. This is up from greater than 1.3%.

Commenting on its outlook, Scott added:

We are well-positioned to continue executing against our FY26 strategic priorities and delivering profitable growth at scale. Following a strong first half, Zip has upgraded its FY26 guidance for operating margin and cash EBTDA as a % of TTV while reconfirming its other target ranges.

Why are Zip shares crashing today?

Despite delivering strong first-half growth and upgrading parts of its guidance, the market appears to be focusing on a few more cautious elements in the release.

Revenue margin edged lower to 7.9% as the higher-growth US business, which carries a lower margin profile, made up a larger share of total transaction volume. At the same time, net bad debts increased slightly to 1.73% of TTV, up from 1.56% a year ago, even though this remains within management’s target settings.

Investors may also be reacting to guidance that second-half cash EBTDA is expected to be broadly in line with the first half, suggesting profit growth may moderate from here rather than accelerate further.

With Zip shares having rallied strongly since last April, the combination of margin mix pressure, slightly higher credit losses, and a more measured second-half outlook could have triggered heavy profit-taking today.

The post Zip shares crash 33% on results day appeared first on The Motley Fool Australia.

More reading

• Zip reports record 1H FY26 cash earnings and upgrades guidance
• Here are the top 10 ASX 200 shares today
• Here are the top 10 ASX 200 shares today
• 8 ASX All Ords shares just upgraded to strong buy status
• My 10 best ASX shares to buy in February

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.

The Downer EDI Ltd (ASX: DOW) share price is in focus today after the company reported a 29.8% jump in statutory NPAT to $98 million and improved its EBITA margin to 4.6%, topping management targets.

What did Downer EDI report?

• Statutory NPAT up 29.8% to $98 million
• Underlying NPATA up 7.0% to $136.1 million
• EBITA increased 11.2% to $227.1 million (margin up to 4.6%)
• Revenue down 6.9% to $4,860.7 million, reflecting divestments and a focus on quality earnings
• Fully franked interim dividend of 12.9 cents per share, up 19.4%
• Cash conversion was strong at 90.5%, exceeding targets

What else do investors need to know?

Downer’s ongoing portfolio simplification is almost complete, with major divestments including its 49% stake in Keolis Downer and a non-core New Zealand cleaning business. This sharpened their focus on markets aligned with their technical strengths.

Despite a dip in revenue—largely in line with expectations—Downer boosted its work-in-hand by nearly 9% to $38.2 billion, thanks to new contracts across energy, water, defence, and transport. The company also flagged sustained cost control, contract margin improvements, and a stronger balance sheet as key drivers of its solid result.

Safety remains a top priority, although worksite incidents did impact results. The company is also progressing on succession, welcoming a new leader for its Transport & Infrastructure arm in April 2026.

What did Downer EDI management say?

Managing Director and Chief Executive Officer Peter Tompkins said:

We have expanded our margin and grown the bottom line, improved the quality and predictability of earnings, increased work-in-hand, and strengthened our balance sheet. These outcomes reflect our focus on enhanced contract performance, tighter risk controls, and the continued embedment of a culture of accountability across the organisation.

What’s next for Downer EDI?

Downer expects FY26 revenue to be slightly below the previous year’s pro forma figure, with further gains targeted for earnings and EBITA margins. They are aiming for underlying NPATA of $295 million to $315 million, depending on stable economic and market conditions.

The medium-term ambition is for a compound annual revenue growth rate of 4–5% out to FY30, underpinned by their expanding order book and strong position across key infrastructure and government markets.

Downer EDI share price snapshot

Over the past 12 months, Downer EDI shares have rise 45%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has increased 9% over the same period.

View Original Announcement

The post Downer EDI earnings: Profit rises, margin tops target, order book grows appeared first on The Motley Fool Australia.

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• Whitehaven Coal posts H1 FY26 profit, declares 4c dividend as guidance maintained
• Is it time to buy this resurgent ASX 200 share?
• Charter Hall Group boosts half-year profit and lifts guidance for FY26
• Goodman Group posts $1.2b profit and expands data centre pipeline
• Zip reports record 1H FY26 cash earnings and upgrades guidance

Motley Fool contributor Laura Stewart 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 S&P/ASX 200 Index (ASX: XJO) share James Hardie Industries plc (ASX: JHX) has seen enormous volatility over the last 12 months, as the chart below shows. Experts don’t think the business has finished rising.

The global building products business lost a lot of shareholder confidence last year, but its results are winning back investors bit by bit.

James Hardie recently announced its quarterly result for the three months to 31 December 2026. Let’s remind ourselves what the business revealed.

Earnings recap of the ASX 200 share

In the quarterly result, the ASX 200 share revealed that net sales rose by 30% to $1.24 billion. Adjusted operating profit (EBITDA) rose 26% to $329.9 million, operating income (operating profit) declined 15% to $176.2 million, and net profit declined 52% to $68.7 million.

Broker UBS said that the EBITDA was 7% ahead of analyst expectations and the mid-point of guidance, though there is still weakness in some individual divisions. The company said that market conditions remain “challenged”.

The business is still guiding that the FY26 fourth quarter EBITDA will be between $347 million to $378 million, compared to the current UBS estimate of $385 million.

Additionally, FY26 EBITDA guidance was raised to between $1.23 billion to $1.26 billion, compared to UBS’ estimate of $1.27 billion.

Is the James Hardie share price a buy?

UBS explained that it sees both positive green shoots and challenges for the ASX 200 share. The broker said:

JHX did not provide formal guidance on FY27, but said it expects to return to organic growth in Siding & Trim, with a renewed emphasis on delivering fiber cement siding material conversion and associated PDG. In our view, the outlook for FY27 and the path to a recovery in US housing activity is still challenged by (1) persistently low consumer confidence, (2) ongoing housing affordability challenges, and (3) elevated housing inventory in key homebuilding states.

For FY27, we forecast EBITDA growth of 18% to $1.496bn, which assumes siding volumes +2% (R&R/SF broadly flat and PDG +2%) with ASP +2%, cost and commercial synergies of around $30mn each and a full-year contribution from AZEK.

Longer term, we expect JHX to benefit from the structural underbuild of US housing and the identified material conversion opportunities in both siding and decking. However, in the short term, we also expect the stock to track broader sentiment on the US housing cycle, where we note visibility over the shape of any recovery in activity is dependent on improving consumer confidence and greater support from lower mortgage rates.

UBS has a neutral rating on the business with a price target of $41, which is a possible rise of around 15%, if the broker turns out to be correct.

The broker forecasts the business could generate US$606 million of net profit in FY26, US$698 million in FY27 and US$915 million in FY28. Rising profit is usually a very useful tailwind for sending the share price of a business higher.

The post Is it time to buy this resurgent ASX 200 share? appeared first on The Motley Fool Australia.

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• Whitehaven Coal posts H1 FY26 profit, declares 4c dividend as guidance maintained
• Downer EDI earnings: Profit rises, margin tops target, order book grows
• Charter Hall Group boosts half-year profit and lifts guidance for FY26
• Goodman Group posts $1.2b profit and expands data centre pipeline
• Zip reports record 1H FY26 cash earnings and upgrades guidance

Motley Fool contributor Tristan Harrison 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.

The Charter Hall Group (ASX: CHC) share price is in focus today after reporting a 21.6% lift in operating earnings per security to 50.5 cents and a 6% increase in its distribution per security for the half-year to 31 December 2025.

What did Charter Hall report?

• Operating earnings of $238.8 million, with post-tax operating earnings per security (OEPS) of 50.5 cents, up 21.6% on the prior period
• Statutory earnings after tax reached $272.8 million
• Distribution per security increased by 6% to 24.8 cents
• Gross equity inflows of $4.8 billion over the period
• Funds under management (FUM) rose to $92.2 billion, including $73.6 billion in Property FUM
• Property Investment portfolio valued at $2.8 billion with 97.1% occupancy rate

What else do investors need to know?

Charter Hall completed $9.8 billion in gross transactions during the half, with its development pipeline sitting at $17.9 billion after delivering $0.8 billion in new buildings. The platform’s available liquidity stood at $7.8 billion, and the Group maintained low balance sheet gearing of 7.7%.

The company’s ESG initiatives remain a focus. Charter Hall reached Net Zero operations as of 1 July 2025, installing an extra 3.7MW of solar in the period. Its total on-site solar now stands at 89.7MW, with more in the pipeline.

The mix of tenants in its properties is highly diversified, with government tenants making up 28% of income and a strong representation of listed and global companies. Portfolio occupancy remains robust at 97.1% and average lease term (WALE) of 8.2 years.

What did Charter Hall management say?

Managing Director & Group CEO David Harrison said:

Charter Hall continues to deliver strong performance across the platform for both our investor and tenant customers. During the period, pro-forma Group FUM increased to $92.2 billion and pro-forma Property FUM reached a record $73.6 billion.

Our focus remains firmly on generating long-term value for our investors. Multi-decade strategic decisions including sectors, markets and asset selection, redevelopment initiatives, and capital deployment, are all translating into significant value creation. The scale of our business, across all core property sectors in every region of Australia, reinforces our strength as we maintain disciplined focus on a single objective: enhancing value for our investor and tenant customers.

What’s next for Charter Hall?

The Group raised its FY26 operating earnings guidance to 100 cents per security, which would be a 22.9% increase on FY25, assuming current market conditions hold. Distribution per security is forecast to grow by 6% for the full year.

Charter Hall sees continued opportunity for capital deployment, supported by strong liquidity and constrained supply in commercial property markets. With a healthy pipeline and a focus on modern, sustainable assets, management believes the group is well-placed for growth.

Charter Hall share price snapshot

Over the past 12 months, Charter Hall shares have risen 45%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 8% over the same period.

View Original Announcement

The post Charter Hall Group boosts half-year profit and lifts guidance for FY26 appeared first on The Motley Fool Australia.

More reading

• Whitehaven Coal posts H1 FY26 profit, declares 4c dividend as guidance maintained
• Downer EDI earnings: Profit rises, margin tops target, order book grows
• Is it time to buy this resurgent ASX 200 share?
• Goodman Group posts $1.2b profit and expands data centre pipeline
• Zip reports record 1H FY26 cash earnings and upgrades guidance

Motley Fool contributor Laura Stewart 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 Goodman Group (ASX: GMG) share price is in focus after the company reported a half-year operating profit of $1.2 billion, and increased its data centre pipeline with 73% of development activity now in that sector.

What did Goodman Group report?

• Operating profit of $1,203.5 million for the half year
• Operating earnings per security (OEPS) of 58.5 cents
• Statutory profit of $824.7 million
• Distribution per security of 15.0 cents (forecast 30.0 cents for FY26)
• Gearing reduced to 4.1% (17.8% look-through)
• Portfolio occupancy at 95.9%, with like-for-like net property income growth of 4.2%

What else do investors need to know?

Goodman ramped up its data centre development, now making up nearly three-quarters of its $14.4 billion work in progress, as global demand for digital infrastructure keeps rising. The Group also boosted its global power bank to 6.0 GW across 16 major cities, putting it in a strong position to deliver large-scale data centre projects over the next year.

The company maintains a solid financial footing, with $5.2 billion in liquidity and interest cover of 133.1 times. External assets under management grew to $75.2 billion, supported by new partnerships in Europe and North America to fund both logistics and data centres.

What did Goodman Group management say?

Group Chief Executive Officer Greg Goodman said:

Goodman Group has delivered operating profit of $1.2 billion. Importantly, we’re continuing to provide high quality essential infrastructure for the digital economy in supply constrained markets. We’re building into strong demand for metro locations across both logistics and data centres. Large scale logistics customers are targeting productivity and efficiency gains through increased automation and consolidation. Data centre customers require facilities with low-latency and high connectivity to meet the unprecedented levels of capex spending forecast across the sector. Goodman is set to benefit from these structural shifts given the quality and location of our sites, and our track record of developing complex infrastructure. Power, sites and capital are critical to being able to service demand and provide delivery certainty for customers. Our power bank has grown to 6.0 GW on sites we own across 16 metro markets. Our balance sheet is strong, with significant liquidity to commence construction. We are on track to have data centre projects, providing 0.5 GW of power, in development by the end of FY26. This will take work in progress up to approximately $18 billion by 30 June. We are partnering with large investors to fund multi-year development programs, having established a $14 billion data centre development Partnership in Europe and a $2 billion logistics Partnership in North America. Our engagement with data centre customers is progressing well across multiple sites, with commitments expected in 2026.

What’s next for Goodman Group?

Looking ahead, Goodman expects demand for digital infrastructure and logistics space to outstrip supply in coming years, especially in key metro markets. The company aims to have $18 billion of developments underway by June 2026, with further growth in both data centre and logistics projects backed by a robust balance sheet and strong capital partnerships.

The Group reiterated a target of 9% growth in FY26 operating earnings per security, but notes this remains subject to stable market conditions.

Goodman Group share price snapshot

Over the past 12 months, Goodman Group shares have declined 9%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.

View Original Announcement

The post Goodman Group posts $1.2b profit and expands data centre pipeline appeared first on The Motley Fool Australia.

More reading

• Whitehaven Coal posts H1 FY26 profit, declares 4c dividend as guidance maintained
• Downer EDI earnings: Profit rises, margin tops target, order book grows
• Is it time to buy this resurgent ASX 200 share?
• Charter Hall Group boosts half-year profit and lifts guidance for FY26
• Zip reports record 1H FY26 cash earnings and upgrades guidance

Motley Fool contributor Laura Stewart 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 Goodman Group. The Motley Fool Australia has recommended Goodman 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.

The Zip Co Ltd (ASX: ZIP) share price is in focus today after the company reported record cash EBTDA of $124.3 million, up 85.6% on the prior corresponding period, and total income of $664 million, a 29.2% increase.

What did Zip report?

• Cash EBTDA rose to $124.3 million, up 85.6% year-on-year
• Total income reached $664.0 million, up 29.2% vs 1H25
• Total transaction volume (TTV) hit $8.4 billion, an increase of 34.1%
• Operating margin improved to 18.7% (from 13.0% in 1H25)
• Net bad debts were 1.7% of TTV, in line with management targets
• Active customers grew to 6.6 million (+4.1%), with merchants up 10.5% to 90,600

What else do investors need to know?

Zip saw strong momentum in both its US and ANZ businesses. The US delivered significant transaction and revenue growth, supported by new merchant signings and technology partnerships. Active customers in the US rose nearly 10%, with expanded offerings like Pay-in-2 contributing to engagement.

In Australia and New Zealand, revenue and receivables returned to growth, aided by new feature launches and strategic integrations. The company completed a $100 million on-market share buyback and reported a strengthened balance sheet, with $239 million in available cash and liquidity as at 31 December 2025.

What did Zip management say?

Chief Executive Officer and Managing Director Cynthia Scott said:

Zip continues to increase profitability at scale, driving cash earnings growth of 85.6% and significant operating margin expansion during the half… We are well-positioned to continue executing against our FY26 strategic priorities and delivering profitable growth at scale. Following a strong first half, Zip has upgraded its FY26 guidance for operating margin and cash EBTDA as a % of TTV while reconfirming its other target ranges.

What’s next for Zip?

Looking ahead, Zip aims to keep building its US presence, with CEO Cynthia Scott set to relocate to the United States in the second half of 2026 to support this focus. The business reconfirmed its FY26 guidance for revenue margin and TTV growth while providing upgraded targets for operating margin and cash EBTDA as a percentage of TTV.

Zip will also continue to enhance its products and technology, with further rollouts of features like ‘Money Coach’ and expanded AI-driven customer experiences. Subject to favourable market conditions, the company is considering a potential dual listing in the US.

Zip share price snapshot

Over the past 12 months, Zip shares have risen 10%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.

View Original Announcement

The post Zip reports record 1H FY26 cash earnings and upgrades guidance appeared first on The Motley Fool Australia.

More reading

• Whitehaven Coal posts H1 FY26 profit, declares 4c dividend as guidance maintained
• Zip shares crash 33% on results day
• Downer EDI earnings: Profit rises, margin tops target, order book grows
• Is it time to buy this resurgent ASX 200 share?
• Charter Hall Group boosts half-year profit and lifts guidance for FY26

Motley Fool contributor Laura Stewart 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 Codan Ltd (ASX:CDA) share price is in focus today after the company posted a half-year revenue increase to $393.5 million, up 29% over the prior period, alongside NPAT growth of 55% to $71.2 million and a fully franked interim dividend of 19.5 cents per share.

What did Codan report?

• Group revenue rose 29% to $393.5 million
• Net profit after tax (NPAT) up 55% to $71.2 million
• Earnings before interest and tax (EBIT) increased 52% to $99.8 million
• Earnings per share jumped 54% to 39.2 cents
• Interim dividend of 19.5 cents per share, fully franked – up 56%
• Orderbook in Communications segment up 19% to $294 million

What else do investors need to know?

Codan’s Communications division experienced revenue growth of 19% to $221.8 million and maintained profit margins despite some temporary headwinds in the Zetron Americas business. Its DTC unit saw strong demand from the defence and unmanned systems sector, especially for technologies suited to contested environments.

The Metal Detection (Minelab) business delivered a standout half, with revenue up 46% and segment profit up 86% thanks to gold detector demand in West Africa and robust sales globally. Minelab also continued to invest in new products, launching several detectors and signalling more to come.

Codan’s balance sheet remains healthy, with net debt at $88.2 million and significant undrawn facilities providing flexibility for future acquisitions and investment.

What did Codan management say?

Managing Director & CEO Alf Ianniello said:

Codan has delivered another strong financial result for the first half of FY26, with Group revenues growing 29% to $394 million, and both EBIT and NPAT up by more than 50% versus the first half of FY25. The Group’s performance reflects disciplined execution of our strategic plan, favourable market conditions in key regions, and the benefits of our diversified technology portfolio.

What’s next for Codan?

Codan expects underlying demand in both Communications and Metal Detection to remain strong, targeting growth in its technology-driven segments. The company plans to continue investing in engineering and new product development to sustain its competitive edge and is open to strategic acquisitions to diversify its earnings base.

Leadership changes are on the horizon, with long-serving CFO Michael Barton set to retire in August 2026, to be succeeded by Deputy CFO Kayi Li. Codan is ensuring a smooth transition, with continued support from Barton throughout the following year.

Codan share price snapshot

Over the past 12 months, Codan shares have risen 102%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.

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The post Codan H1 FY26 earnings surge; Minelab delivers standout half appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart 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 Brambles Ltd (ASX: BXB) share price is in focus today after releasing its half-year 2026 results, with new business momentum helping lift group sales revenue by 2% to US$3.53 billion and underlying profit up 7% to US$792 million.

What did Brambles report?

• Sales revenue (continuing operations): US$3,533.5 million, up 2% (constant FX)
• Underlying Profit and Operating profit: US$792.0 million, up 7% (constant FX)
• Operating profit after tax: US$507.4 million, up 11%
• Basic EPS (continuing operations): 37.2 US cents, up 13%
• Free Cash Flow before dividends: US$481.7 million, up US$52.5 million
• Interim dividend: 23.00 US cents per share, up 21% on 1H25

What else do investors need to know?

Brambles managed to offset weaker consumer demand in key markets, like the US and Europe, with strong net new customer growth. The company also benefited from operational efficiencies and disciplined cost control, helping expand margins despite flat overall volumes.

During the half, Brambles invested in digital and asset quality initiatives, enhanced customer service levels, and continued its share buy-back program, purchasing US$191 million worth of shares as part of a planned US$400 million FY26 buy-back.

The company continues to push its Serialisation+ technology program, with significant customer uptake in Chile and ongoing pilot programs in the US and UK. These digital initiatives are aimed at further improving supply chain visibility and efficiency for customers.

What did Brambles management say?

Brambles’ CEO Graham Chipchase, said:

We delivered a resilient first-half result, with strong operating leverage and free cash flow outcomes, despite ongoing demand headwinds in key markets. This performance demonstrates our sustained focus on increasing the value we bring to customers’ supply chains, maintaining commercial discipline as we grow and delivering efficiencies across all parts of the business.

What’s next for Brambles?

Brambles updated its FY26 outlook off the back of first-half results. It now expects full-year sales revenue growth of 3–4% at constant currency (narrowed from 3–5%), while Underlying Profit growth guidance remains unchanged at 8–11%. Free Cash Flow before dividends is upgraded to between US$950–1,100 million (was US$850–950 million).

Management notes that while consumer demand may stay subdued, ongoing cost efficiencies and strong net new business wins should provide resilience. Investments in automation, digitisation, and the Serialisation+ rollout are expected to support Brambles’ long-term growth and customer value.

Brambles share price snapshot

Over the past 12 months, Brambles shares have risen 20%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.

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The post Brambles profit up, cash flow upgraded in half-year 2026 earnings appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart 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.