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EVT
EVT (EVT) investor relations material
EVT H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary22 Feb, 2026
Executive summary
Group normalized revenue for H1 was AUD 683.8 million, up 5.4% year-over-year, with normalized EBITDA at AUD 105.1 million, up AUD 5.5 million, and net profit after tax at AUD 37.8 million, up 21.6%.
Hotels, Thredbo, and Entertainment Germany segments delivered strong growth, while Australia and New Zealand entertainment faced weaker admissions due to a mixed Hollywood film lineup.
Thredbo saw EBITDA growth of 30.8% due to favorable winter conditions.
Interim dividend of AUD 0.18 per share, fully franked, declared for payment in March 2026.
Interim results show continued profitability and operational stability, with no significant changes in the state of affairs.
Financial highlights
Hotels revenue increased 5.7% to AUD 218.9 million, with underlying growth of 10.8% after adjusting for temporary works; EBITDA up 6.0%.
Entertainment revenue rose 3.5% to AUD 384.7 million, driven by strong local content in Germany; EBITDA down 3.1% overall but up 54.1% in Germany.
Thredbo revenue surged 19.5% to AUD 74.0 million, EBITDA up 30.8% to AUD 26.0 million.
Net debt at December 31, 2025, was AUD 415.5 million; debt facility matures May 2026, with refinancing well progressed.
Operating cash flow remained strong at AUD 116.4 million, consistent with the prior year.
Outlook and guidance
Second half expected to achieve EBITDA growth on prior year, subject to film performance, weather at Thredbo, and market conditions.
Hotels expected to deliver another record year, with incremental EBITDA of AUD 17 million in FY 2027 versus FY 2026.
Thredbo full-year EBITDA expected around AUD 23 million, subject to winter weather; summer visitation impacted by bushfires.
The group expects to maintain sufficient liquidity, supported by AUD 85.5 million in cash and AUD 149 million in undrawn debt facilities.
Refinancing of the main debt facility is expected to complete within three months.
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Next EVT earnings date
H2 202624 Aug, 2026
EVT
Next EVT earnings date
H2 202624 Aug, 2026
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Frequently asked questions
EVT Limited is an Australian entertainment, hospitality, and leisure company that operates across several sectors, including cinema, hotel management, and entertainment experiences. Its cinema division manages major brands such as Event Cinemas and Birch Carroll & Coyle, offering film screenings and related entertainment services. EVT’s hospitality arm, which includes hotel brands such as Rydges, QT, and Atura, provides accommodation and event services. Additionally, the company develops and manages entertainment and leisure properties in Australia, New Zealand, and Germany. The company is headquartered in Sydney, New South Wales, and its shares are listed on the Australian Securities Exchange.
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