Normalised EBITDAF up 38% despite revenue falling 12.9%
Genesis Energy's margin expansion drove PBT up 44% even as energy revenue shrank, but a sharp inventory build and negative free cash flow...
Published 21 April 2026
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Genesis Energy's margin expansion drove PBT up 44% even as energy revenue shrank, but a sharp inventory build and negative free cash flow...
Published 21 April 2026
Read briefingHeadline earnings flattered by a lower tax rate while cash conversion collapsed from 108% to 69% and net debt/EBITDAF pushed to 3.1x.
Published 22 April 2026
Read briefingHeadline earnings jumped, yet cash conversion deteriorated sharply and the 7.13c interim dividend is no longer covered by pre-lease free cash flow.
Published 22 April 2026
Read briefingRevenue grew 28.4% but margin compression drove earnings lower, and the 14.0cps FY24 dividend now exceeds reported NPAT.
Published 22 April 2026
Read briefingDividend cut 20.5% to 7.0 cps as leverage jumped to 6.4x EBITDAF, with the payout now 194.5% of NPAT and no forward guidance provided.
Published 22 April 2026
Read briefingEarnings weakened sharply into the second half even as operating cash flow surged 61% to $422.6m on a 16% revenue decline.
Published 22 April 2026
Read briefingLower-revenue, higher-margin half lifted NPAT 71.5% and cut net debt/EBITDAF to 4.4x, but inventory days stretched sharply.
Published 22 April 2026
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