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Metro Performance Glass (MPG) briefings

Read that company's published results in release order, newest first.

Metro Performance Glass (MPG)FY26Released 27 May 2026

EBITDA tripled to $18.2m and leverage fell to 1.5x on a softer top line

Operating cash flow surged to $15.7m and net debt halved to $27.0m, but reported earnings stayed near breakeven.

Published 27 May 2026

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Metro Performance Glass (MPG)HY26Released 24 November 2025

Recapitalisation cut net debt to $27.4m, leverage from 6.0x to 2.9x

PBT swung 167.1% to $4.5m profit on lower interest and a tax credit, but EBITDA margin sat at the lower edge of MPG's historical range at 8.8%.

Published 22 April 2026

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Metro Performance Glass (MPG)FY25Released 27 May 2025

EBITDA halved as 2H slipped into loss; leverage hit 10.8x

A 51.1% narrower NPAT loss masks a 54.5% EBITDA decline, an 89% drop in operating cash flow, and second-half EBITDA that turned negative.

Published 22 April 2026

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Metro Performance Glass (MPG)HY25Released 28 November 2024

Net debt at 6.0x EBITDA as EBITDA fell 44% on a 12.4% revenue decline

Operating cash flow dropped 74.8% to NZ$3.4m and equity contracted 34.7%, leaving leverage nearly double the historical 3.3x mean.

Published 22 April 2026

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Metro Performance Glass (MPG)FY24Released 29 May 2024

MPG flags $15m+ raise as NPAT loss widened to NZ$27.5m

EBITDA fell 32% to NZ$12.3m and leverage sits at 4.3x even after a working-capital-driven NZ$7m debt paydown.

Published 22 April 2026

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Metro Performance Glass (MPG)HY24Released 29 November 2023

EBITDA margin hits record 12.7% but PBT swings to -NZ$9.4m loss

Margin recovery and a NZ$9.6m working-capital release drove record cash conversion, but below-the-line charges pushed PBT deeply negative against a

Published 22 April 2026

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Metro Performance Glass (MPG)FY23Released 29 May 2023

PBT swung to a NZ$10.6m loss despite 11.6% revenue growth

AGG's NZ$6.4m profit milestone was eclipsed by a New Zealand segment swing and a 56.9% drop in operating cash flow.

Published 22 April 2026

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Metro Performance Glass (MPG)HY23Released 29 November 2022

Revenue surged 18.2% but a NZ$25.6m working-capital build crushed cash

Operating cash flow fell 82% and debtor days hit an unprecedented 56.4 even as Metroglass reported its first revenue acceleration in years.

Published 22 April 2026

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Metro Performance Glass (MPG)FY22Released 30 May 2022

PBT swung from $12.2m profit to $0.4m loss on flat revenue

A NZ$10.0m working-capital build and capex up 79.5% cut operating cash flow from NZ$30.4m to NZ$13.3m, with leverage drifting back up.

Published 22 April 2026

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Metro Performance Glass (MPG)HY22Released 22 November 2021

PBT fell 94.4% on flat revenue as NZ segment margins collapsed

Revenue held flat but PBT fell 94.4% while strong cash conversion rests on unprecedented low debtor and inventory days.

Published 22 April 2026

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