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Stanmore Resources Limited (ASX:SMR)

ALERT: Price-sensitive ASX Announcement for SMR
Current share price for SMR : $2.690 0.51 (23.39%)+
Announcement
Release
25 Aug 2025 8:11AM
Price at Release
$2.180
Full Release
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Summary
Stanmore Resources Limited reported its 2025 Half Year Financial Results, which were impacted by a challenging market environment characterized by low coal prices and reduced sales volumes. Revenue from coal sales decreased by 34% year-on-year due to a 25% reduction in average sales price and a decline in sales volume. The company's EBITDA margins remained positive, supported by cost improvement initiatives despite significant weather-related disruptions. The net profit after tax turned negative owing to lower EBITDA and consistent non-cash charges. Despite these challenges, Stanmore maintained a strong balance sheet with low net debt and ample liquidity. The company continued to deleverage and provide shareholder returns through efficient cash flow management. Production was weighted towards the second half, anticipating recovery from weather impacts, with guidance reaffirmed for the full year.
Key Points
  • Revenue from coal sales down 34% year-on-year.
  • Average sales price reduced by 25%.
  • Sales volumes declined by 436Kt compared to 1H 2024.
  • Positive EBITDA margins maintained despite challenges.
  • Net profit after tax turned negative due to lower EBITDA.
  • Strong balance sheet with low net debt.
  • Significant weather impacts on production plans.
  • Continued deleveraging and shareholder returns.
  • Production weighted towards second half recovery.
  • Guidance reaffirmed for the full year.
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.