Company’s pro forma EBITDA fell 2.8% to A$17.7 million
SYDNEY: Adrad Holdings Ltd. (ASX: AHL), an Australian manufacturer of industrial heat transfer solutions and automotive aftermarket parts, reported an 8.9% rise in full-year revenue to A$153.1 million, despite a slight dip in earnings amid operational headwinds.
The company’s pro forma EBITDA fell 2.8% to A$17.7 million, while statutory net profit after tax (NPAT) declined 5% to A$5.7 million. Adrad declared a fully franked final dividend of 2.08 cents per share, bringing total FY25 dividends to 3.48 cents—equal to 50% of statutory NPAT.
“FY25 marked a year of growth and strategic adjustment,” CEO Paul Proctor said. “Despite a challenging macroeconomic backdrop and operational pressures that impacted our margins, we delivered an increase in revenue, highlighting the resilience and diversification of our business model.”
The company cited strategic investments in manufacturing upgrades, distribution expansion, and market development in Southeast Asia as key drivers of long-term growth. It also impaired an internally developed R&D asset deemed economically unviable.
Looking ahead to FY26, Adrad plans to commercialize new alu-fin prototypes for various applications and expand its distribution footprint. The company remains optimistic about demand in the data center cooling and remote power generation sectors.