ALS Limited (ALQ.AX) on Tuesday reported higher earnings for the first half, primarily supported by strong organic growth within commodities. The company also riased its interim dividend.
Net profit after tax rose to A$141.7 million, compared with A$126.8 million a year earlier. Earnings per basic share increased to 35.7 cents, up from 31.4 cents.
Excluding one-time items, underlying net profit after tax increased 17.2% to A$178.4 million.
Underlying EBIT grew 14.7%, reaching A$287.2 million.
Underlying revenue advanced 13.3% to A$1.659 billion, reflecting broad-based business momentum.
The Board declared an interim dividend of 19.4 cents per share, up 2.6% from last year. The dividend will be paid on December 17 to shareholders on record as of November 27.
For fiscal 2026, ALS now expects organic revenue growth of 6-8%, an upgrade from its earlier forecast of 5-7%.
Looking further ahead, the company reiterated that it remains on track to meet its fiscal 2027 targets, including A$3.3 billion in revenue and A$600 million in underlying EBIT.
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