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Capral (CAA) investor relations material
Capral H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Half-year 2025 results met expectations, with NPAT up 4% to $15.3 million and EPS at $0.89, despite a 7% decline in sales volume, supported by higher aluminium prices and cost management.
Maintained strong balance sheet with $53 million net cash and no debt, enabling continued share buy-backs and flexibility for growth.
Margins held up well despite inflationary pressures, with improved safety performance (TRIFR 5.9).
No interim dividend declared; $11 million returned to shareholders via buy-backs in 1H25.
Sustainability initiatives advanced, including ASI certification and progress on 2030 carbon reduction goals.
Financial highlights
Sales revenue rose 4% year-over-year to $327 million, with sales volume down 7% to 31,100 tonnes.
Underlying EBITDA was $27.7 million (down 3% year-over-year); EBIT was $16.1 million.
Net profit after tax was $15.3 million, including a $2.5 million tax benefit.
Free cash outflow of $4.6 million due to higher working capital from elevated aluminium prices.
Capital expenditure for 1H25 was $4.3 million, with $11 million planned for FY25.
Outlook and guidance
FY25 EBITDA expected to be broadly in line with prior year, assuming market improvement and no unforeseen events.
Residential housing market forecast to recover in 2H25, offsetting softer industrial and commercial demand.
Aluminium prices expected to remain volatile and elevated; inflationary pressures persist, especially in energy and wages.
Capital expenditure for FY25 planned at $11 million.
Ongoing share buy-backs, with dividends used to top up shareholder returns as needed.
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