Endeavour Group reports sales of $12.21B in FY26
Full story: https://grafa.com/en/news/australia/endeavour-group-reports-sales-of-12-21b-in-fy26
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Total sales rose 1.3% to $12.21 billion for the 2026 financial year.
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Underlying profit after tax fell to $363 million while the share price traded at $3.48.
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Pre-tax significant item expenses of $372 million reflect ongoing strategy review implementation.
Endeavour Group (ASX:EDV) reported total sales of $12.21 billion for the 2026 financial year, up 1.3% year-on-year.
Group underlying profit after tax fell 14.8% to $363 million, down from $426 million in the previous year.
Retail earnings before interest and tax dropped to $464 million, down from $563 million in the prior period.
The company stated that it expects to recognise $372 million in pre-tax significant items from its strategy review.
"Following the reset of our asset base and simplification of our portfolio, we are now well placed to focus our capital and resources on maximising the value of our core,” said Endeavour Group Managing Director and CEO Jayne Hrdlicka.
Hotel segment sales grew 4.2% to $2.20 billion from $2.11 billion.
Following the announcement, the Endeavour Group share price was unchanged at $3.48.
billion, while underlying earnings before interest and tax reached $462 million.
Non-cash asset write-downs and portfolio rationalisations accounted for $274 million of total pre-tax significant item expenses.
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