Perenti Global Ltd
ASX:PRN

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Perenti Global Ltd Logo
Perenti Global Ltd
ASX:PRN
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Price: 2.035 AUD 4.36% Market Closed
Market Cap: AU$1.9B

Perenti Global Ltd
Investor Relations

Perenti Global Ltd. is a mining and energy services company, which engages in the provision of exploration, mine development, surfacing and underground mining, and energy and infrastructure services. The company is headquartered in Perth, Western Australia and currently employs 9,000 full-time employees. The firm is engaged in surface and underground mining solutions. The firm operates through four segments: Surface Mining, Underground Mining, Investments and Group Functions. Surface Mining segment includes drilling and blasting, in-pit grade control, exploration drilling and earthmoving in Australia and Africa. Underground Mining includes underground mining services in Australia, Africa and Canada Investments segment includes a range mining supplies, products and services, including equipment hire, equipment parts and sales and mineral analysis. Group Functions segment includes treasury, accounting, human resources, information technology, business development, procurement, financing, and administration.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Feb 22, 2026
AI Summary
Q2 2026

Record EBITA: Perenti delivered a new first half EBITA record of $160 million, with EBITA margin improving to 9.3%.

EPS Growth: Underlying earnings per share rose 12% to $0.098, supported by improved margins and lower finance costs.

Free Cash Flow: Normalized free cash flow increased 8% to $33 million, with full-year guidance raised to greater than $170 million.

Debt Reduction: Net leverage reduced to 0.6x and gross debt fell to its lowest level since 2018 after repaying senior unsecured notes.

Dividend Increase: Interim dividend was lifted 8% to $0.0325 per share.

Outlook: Guidance for FY '26 free cash flow was raised and capital expenditure guidance reduced; earnings and cash flow expected to be second-half weighted.

Strong Pipeline: Secured work in hand stands at $5.8 billion, with a robust $18.6 billion pipeline, especially in North America and Australia.

Key Financials
Revenue
$1.73 billion
EBITA
$160 million
EBITA Margin
9.3%
Underlying NPATA
$92 million
Underlying EPS
$0.098 per share
Dividend
$0.0325 per share
Normalized Free Cash Flow
$33 million
Net Leverage
0.6x
Gross Debt
Lowest since 2018 (number not specified)
Operating Cash Flow Before Interest and Tax
$193 million
Gross Capital Expenditure
$170.7 million
Free Cash Flow Conversion
77% (first half)
Liquidity
$818 million
Undrawn Committed Facilities
$543 million
Contract Mining EBITA Margin
11.1%
Drilling Services Revenue
$422 million
Secured Work in Hand
$5.8 billion (at 31 December, 2025)
Pipeline
$18.6 billion
Other Earnings Calls
2026

Management

Mr. Mark Alexander John Norwell B.E., M.A.I.C.D., M.B.A.
Group MD, CEO & Director
No Bio Available
Mr. Peter John Bryant
Executive Officer
No Bio Available
Mr. Paul Muller
Chief Corporate Services Officer
No Bio Available
Ms. Gabrielle Iwanow
President of Contract Mining Division
No Bio Available
Mr. Michael J. Ellis
Chief Financial Officer
No Bio Available
Mr. Jeffrey Sansom
Group Manager of Investor Relations
No Bio Available
Ms. Sarah Coleman
President of idoba
No Bio Available
Mr. Cameron Bailey
Chief Strategy Officer
No Bio Available
Mr. Sybrandt Van Dyk
President of Drilling Services
No Bio Available
Ms. Justine Passaportis B.Com., L.L.B.
Joint Company Secretary & Senior Legal Counsel
No Bio Available

Contacts

Address
WESTERN AUSTRALIA
Perth
Level 2, 202 Pier Street
Contacts
+61894216500.0
perentigroup.com
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