The SGH Ltd (ASX: SGH) share price is in focus today after the diversified conglomerate posted a full-year net profit of $689.2 million, up 31.8%, even as revenue slipped 1.4% to $10.59 billion.
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What did SGH Ltd report?
- Revenue from continuing operations fell 1.4% to $10,589 million
- Net profit attributable to members rose 31.8% to $689.2 million (statutory)
- Underlying net profit down 0.4% to $920.1 million
- Final fully franked dividend of 32 cents per share, bringing total FY26 dividends to 64 cents
- Net tangible asset backing improved to $7.33 per share (up from $6.29 last year)
What else do investors need to know?
SGH's underlying profit before net finance expense and tax from continuing operations was $1,554.2 million, a 1.1% gain on last year. The group's results were impacted by significant items including impairments of equity accounted investees.
During the year, SGH divested its wholly owned interest in Boral Insurance Pty Limited. SGH continues to hold major interests in WesTrac, Boral, Coates, and stakes in Beach Energy and Southern Cross Media Group.
What's next for SGH Ltd?
The board declared a final dividend of 32 cents per share, payable on 9 October 2026. Investors should watch for ongoing developments across SGH's portfolio, which spans industrial services, energy, and media.
Looking ahead, SGH says it remains focused on driving operational efficiency across its businesses while building on its market-leading positions in core sectors.
SGH Ltd share price snapshot
The SGH share price has struggled compared to the S&P/ASX 200 index (ASX: XJO) over the past 12 months. During this time, the company's shares have lost over 10% of their value, while the benchmark index is up 4.4%.
