Lindsay Australia Limited (ASX:LAU) Announces HY25 Results
Financial Performance
Lindsay Australia Limited reported group revenue of $432.8 million for HY25 (up 3.6%), with underlying EBITDA of $47.3 million (down 9.2%). The underlying NPAT reached $15.8 million, and earnings per share stood at 5.0 cents (down 20.7%). The company declared a half-year dividend of 2.3 cents per share, fully franked, reflecting a 9.5% increase.
Operational Highlights
The company executed a sale agreement to acquire GJ Freight, expanding its operations into South-West Western Australia. GJ Freight, currently generating over $20 million annually, will enhance Lindsay’s integrated intra-state transport network; provide a platform to establish Rural operations in WA; provide diversification and expansion into the sizable and growing SW horticultural market. Additionally, Lindsay is establishing transport and packaging services in the Goulburn Valley, targeting revenues of $10 million in FY26 and $20 million by FY28.
Dividend Declaration
Lindsay declared a final dividend of 2.3 cents per share, an increase of 9.5% compared to the prior period. The uplift in the payout ratio supports the company’s commitment to returning surplus capital to shareholders.
Outlook
The company expects operational headwinds to continue in the second half, including capacity expansion and pricing pressures. Lindsay remains focused on its strategic pillars to deliver long-term results, supported by a strong network and robust balance sheet. The recent acquisition of GJ Freight is poised to enhance the company’s WA presence and service offerings.
Motley Fool contributor Matt Burgess 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 recommended Lindsay Australia. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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