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The Environmental Group (EGL) investor relations material
The Environmental Group Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Revised FY26 earnings guidance
FY26 normalised EBITDA now expected at $8.5–$9.0M, down from previous $12.7–$13.5M guidance.
Key drivers for the downgrade are operational issues in EGL Energy and project delays in EGL Baltec.
Total estimated EBITDA impact is $4.0M, with $2.5M from EGL Energy and $1.5M from EGL Baltec.
Division performance and operational factors
EGL Energy's revenue growth remains positive, with margins expected to be consistent with historical levels.
Operational matters in EGL Energy include ERP implementation issues and higher fleet diesel costs, with a $0.4M EBITDA impact from fuel.
Process enhancements have been implemented to improve job cost recovery and invoicing.
EGL Baltec faces delayed deliveries due to shipping disruptions and slower Middle East tender awards, with most affected product now expected to deliver in FY27.
Outlook and other divisions
EGL Clean Air and EGL Waste are trading in line with expectations, with no material change in outlook.
Management remains focused on converting revenue growth into improved profitability and cash generation.
Revised guidance reflects management's current assessment of operational and logistics challenges.
- Revenue up 8.6%, EBITDA up 25.9%, recurring revenue at 54.3%, strong outlook maintained.EGL
H1 202617 Feb 2026 - Revenue up 18.8%, EBITDA up 51.7%, over 50% recurring, with strong FY25 growth outlook.EGL
H2 202423 Jan 2026 - Revenue up 16.1%, but profit down 30.5% on project overrun; FY25 EBITDA growth expected.EGL
H1 202524 Dec 2025 - Recurring revenue hit 58% in Q4, fueling double-digit growth and a strong FY26 outlook.EGL
H2 202523 Nov 2025 - FY25 revenue rose 13.9% with recurring revenue at 53% and strong growth forecast for FY26.EGL
AGM 2025 Presentation18 Nov 2025 - Revenue up 13.9% to $111.9M, with recurring revenue and EBITDA growth driving expansion.EGL
Investor Presentation9 Oct 2025 - Strong revenue and EBITDA growth, recurring income, and innovation drive a positive outlook.EGL
AGM 2024 Presentation18 Jun 2025 - Driving growth with patented PFAS removal, strong service revenue, and major waste contracts.EGL
Wilsons Advisory Rapid Insights Conference Presentation18 Jun 2025 - Acquisition adds exclusive Maxitherm technology, recurring revenue, and national scale.EGL
M&A Presentation18 Jun 2025
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