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AGL Energy Limited (ASX:AGL)

ALERT: Price-sensitive ASX Announcement for AGL
Current share price for AGL : $8.390 -0.46 (-5.20%)+
Announcement
Release
11 Feb 2026 8:22AM
Price at Release
$8.850
Full Release
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Summary
AGL Energy Limited reported a statutory profit after tax of $94 million for the first half of FY26, with an underlying EBITDA of $1,092 million, flat compared to the previous year. The company declared a fully franked interim dividend of 24 cents per share and narrowed its FY26 earnings guidance. AGL's energy development pipeline reached 11.3 GW with new long-term contracts and construction commenced on key projects like the Tomago Battery. AGL also entered a partnership with Aussie Broadband for its telecommunications business. Operational improvements include increased customer satisfaction and ongoing cost reduction initiatives.
Key Points
  • AGL Energy Limited announced a statutory profit after tax of $94 million for 1H26.
  • Underlying EBITDA was $1,092 million, remaining flat compared to 1H25.
  • AGL declared a fully franked interim dividend of 24 cents per share.
  • The company narrowed its FY26 earnings guidance, with Underlying EBITDA expected between $2,020 and $2,180 million.
  • AGL's development pipeline has grown to 11.3 GW, with projects like Palmer Wind Farm and Waddi Wind Farm entering long-term PPAs.
  • Construction has begun on the 500 MW Tomago Battery in New South Wales.
  • AGL entered a strategic partnership with Aussie Broadband to divest its telecommunications business.
  • Operational highlights include an increase in customer satisfaction and a growth in customer services.
  • The company is targeting $50 million in sustainable net operating cost reductions by FY27.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.