Korvest
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Korvest (KOV) investor relations material

Korvest H2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2026 earnings summary28 Jul, 2026

Executive summary

  • Revenue for FY26 reached $129.54m, up 8.3% year-over-year, driven by robust day-to-day and small project markets, especially in industrial products.

  • Achieved strong momentum in the second half, supported by data centre development and infrastructure projects.

  • Completed major capex investment with Kilburn factory and expanded warehouse capacity in NSW, QLD, and WA.

  • Finalized a $1.1 million remediation claim in July 2026, to be recognized in FY27 income.

  • FY27 begins with a record order book and successful ERP transition.

Financial highlights

  • Sales increased 8.3% year-over-year to $129.54m for June 2026.

  • EBIT decreased 3.3% to $18.29m; NPAT declined 5.7% to $12.41m compared to June 2025.

  • Operating cash flow dropped 68% to $5.99m; EPS fell 6.3% to 104.9¢.

  • Fully franked final dividend of 40.0¢ per share declared, following an interim dividend of 25.0¢ per share; DRP at 5% discount to VWAP.

  • Record capex of $11.29m, funded from operating cash flows.

Outlook and guidance

  • FY27 starts with record orders on hand and strong demand in all sales channels.

  • Major project schedules expected to deliver strong volumes, though subject to client schedule changes.

  • Robust outlook for infrastructure, with a strong pipeline in road, rail, and data centre construction.

  • Day-to-day and project markets anticipated to remain strong, contingent on broader economic conditions.

  • Working capital requirements will stay high in line with the record order book.

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Frequently asked questions

Korvest Ltd is an Australian industrial company specializing in the manufacture and supply of cable and pipe support systems, as well as industrial access solutions. The company’s product range includes cable ladders, trays, steel framing, and handrails, which serve industries such as construction, infrastructure, mining, and utilities. Korvest also offers galvanizing services to protect metal products from corrosion, catering to a variety of industrial applications. The company is headquartered in Kilburn, South Australia, and its shares are listed on the Australian Securities Exchange.