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Emeco Holdings Limited (ASX:EHL)

ALERT: Price-sensitive ASX Announcement for EHL
Current share price for EHL : $0.980 -0.47 (-32.41%)+
Announcement
Release
19 Feb 2026 8:06AM
Price at Release
$1.450
Full Release
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Summary
Emeco Holdings Limited reported strong financial performance for the first half of fiscal year 2026, focusing on earnings growth and cash generation. The company achieved a 9% increase in revenue, reaching $421 million, and a 7% rise in Operating EBITDA to $155 million. Operating NPAT also saw a significant boost of 21% to $46 million. Emeco's strategic priorities include expanding their low-capital maintenance services, now representing around 50% of the revenue base, and leveraging artificial intelligence to enhance their competitive edge. The balance sheet remains robust, with net leverage improving to 0.5x, and the company successfully executed refinancing to provide flexibility for future growth. Emeco continues to monitor consolidation opportunities and aims to enhance its portfolio with fully maintained rental projects. The outlook for the second half of FY26 includes continued revenue growth, particularly in maintenance services, and further integration of digital tools to improve service offerings.
Key Points
  • Revenue increased by 9% to $421 million for 1H26.
  • Operating EBITDA rose by 7% to $155 million.
  • Operating NPAT increased by 21% to $46 million.
  • Expansion of low-capital maintenance services, now 50% of the revenue base.
  • Successful refinancing providing flexibility for growth.
  • Net leverage improved to 0.5x.
  • Strategic focus on artificial intelligence and operational technology.
  • Monitoring of consolidation opportunities.
  • Second half outlook includes continued growth in maintenance services and digital tool integration.
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.