IPD Group shares jump 13% after FY26 results beat guidance
IPD Group's FY26 results beat its own guidance, with double-digit growth in revenue, EBITDA, and NPAT alongside strong cash conversion and lower net debt. The 13% post-results rally signals renewed investor appetite for ASX industrials tied to electrical, renewables, and data-centre buildout. Broker support reinforces near-term sentiment, while margin mix and execution on M&A remain key swing factors.
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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IPD Group reported FY26 revenue of $414.3 million, up 16.8%, with underlying EBITDA of $55.4 million and underlying NPAT of $30.9 million, both ahead of its own guidance. Operating free cash flow conversion was 84.4%, net debt fell to $16.4 million, and the fully franked dividend rose to 14.7 cents per share. The stock surged 13% in a single session after the results, and Bell Potter said it remains positive on the outlook.