Fleetwood (FWD) investor relations material

Financial performance highlights

• Net profit after tax reached $8.6M, up $3.9M from the prior period, with underlying EBIT at $18.5M, a $0.2M increase year-on-year.

• Community Solutions segment saw occupancy at Searipple Village rise to 95%, up 24% from the previous year.

• Building Solutions order book grew to $157M, an increase of $20M, despite a decline in segment performance.

• RV Solutions underlying EBIT improved by $1.4M, reaching $0.7M.

• Interim fully franked dividend of 9.5 cps was declared, reflecting a payout of 100% of NPAT.

Community Solutions segment

• Searipple Village in Karratha operates at high occupancy, supporting transient workforce demand in a major economic hub.

• Market supply of transient worker accommodation in Karratha is expected to decrease, benefiting Searipple.

• Strong demand is underpinned by a pipeline of large-scale projects in mining, LNG, renewables, and infrastructure.

• Occupancy outlook remains positive beyond FY26, with high contracted rates and expected sustained demand.

• Osprey Key Worker Housing in Port Hedland remains fully tenanted, generating management fee income.

Building Solutions segment

• Modular construction capabilities span a national footprint, enabling growth and diversification.

• Modular building can reduce build time by up to 50% compared to traditional methods.

• Segment delivered double-digit revenue growth, with a 10% CAGR and increasing acceptance of modular solutions.

• Revenue growth is targeted through expanding into underpenetrated segments such as government, education, and resources.

• Focus on diversifying revenue, improving manufacturing efficiency, and achieving sustainable profitability in each state.