AGL Energy Limited: Half-Year Results and Strategic Updates
AGL Energy Limited (ASX: AGL) reported a strong operational performance for the first half of FY26, achieving an underlying EBITDA of AU$1,092 million, flat compared to the previous year. Despite a 6% decline in underlying net profit to AU$353 million, driven by increased depreciation and finance costs, the company saw significant growth in its customer services base, up 108,000 to a total of 4.7 million. This growth was mainly driven by the acquisition of Ampol Energy’s customer base and growth in telecommunications and Netflix services.
Operational performance was supported by improvements in customer margins and higher earnings from AGL’s battery portfolio. The company’s generation fleet also showed improved flexibility and availability, mitigating the impact of lower market volatility. AGL has narrowed its FY26 guidance, now expecting underlying EBITDA between AU$2,020 million and AU$2,180 million, with an underlying net profit between AU$580 million and AU$680 million
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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AGL Energy Limited: Half-Year Results and Strategic Updates
AGL Energy Limited (ASX: AGL) reported a strong operational performance for the first half of FY26, achieving an underlying EBITDA of AU$1,092 million, flat compared to the previous year. Despite a 6% decline in underlying net profit to AU$353 million, driven by increased depreciation and finance costs, the company saw significant growth in its customer services base, up 108,000 to a total of 4.7 million. This growth was mainly driven by the acquisition of Ampol Energy’s customer base and growth in telecommunications and Netflix services.
Operational performance was supported by improvements in customer margins and higher earnings from AGL’s battery portfolio. The company’s generation fleet also showed improved flexibility and availability, mitigating the impact of lower market volatility. AGL has narrowed its FY26 guidance, now expecting underlying EBITDA between AU$2,020 million and AU$2,180 million, with an underlying net profit between AU$580 million and AU$680 million
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au