Group revenue rose 1.2% to A$418.5 million, while normalised EBIT climbed 2.8% to A$76.3 million
SYDNEY: GWA Group Ltd. (ASX:GWA), a leading provider of water solutions for residential and commercial markets, posted a modest earnings increase for the fiscal year ended June 30, 2025, as disciplined execution offset broader economic pressures.
Group revenue rose 1.2% to A$418.5 million, while normalised EBIT climbed 2.8% to A$76.3 million, lifting the EBIT margin to 18.2%. Statutory net profit after tax surged 12.3% to A$43.4 million, bolstered by strong cash generation and reduced debt.
“Our customer-first strategy and operational discipline delivered profitable volume growth in Australia and the UK,” said CEO Urs Meyerhans. “We’ve strengthened our competitive position and remain confident in our medium-term growth outlook.”
GWA declared a fully franked final dividend of 8.0 cents per share, bringing the full-year payout to 15.5 cents, up 3% from FY24. The board also approved a new on-market share buyback of up to A$30 million, commencing Sept. 2.
The company cited deeper engagement with plumbers, targeted product launches, and improved customer service as key drivers of performance. Significant items for FY25 totaled A$4.3 million, primarily related to ERP implementation in the UK and digital platform enhancements.
Looking ahead to FY26, GWA will continue prioritizing segments with long-term growth potential, including volume home builders, aged care, healthcare, and social housing. The company reaffirmed its strategic focus on “Customer First” and “Profitable Volume Growth.”