LGI – 2025 Half-Year Results Summary
Overall Tone
LGI delivered solid revenue growth and stable EBITDA, but profitability was impacted by increased borrowing costs. The company continued to expand its biogas capture and renewable energy generation capabilities, reinforcing its market position in carbon abatement and clean energy solutions.
Financial Results (per share where applicable)
| Metric | HY 2025 | HY 2024 | % Change |
|---|---|---|---|
| Revenue from ordinary activities ($m) | 16.91 | 15.85 | +6.7% |
| Statutory EBITDA ($m) | 7.26 | 7.05 | +3.0% |
| Statutory Profit Before Tax ($m) | 3.22 | 4.14 | -22.2% |
| Statutory Profit After Tax ($m) | 2.40 | 3.10 | -22.0% |
| Net Operating Cash Flow ($m) | 6.26 | 7.61 | -17.7% |
| Normalised EPS (cents per share) | 2.7 | 3.5 | -22.9% |
| Interim Dividend (cents per share, franked at 25%) | 1.2 | 1.2 | Unchanged |
Outlook Commentary
LGI remains focused on increasing its biogas capture and renewable energy generation. Expansion efforts, including the Canberra and Eastern Creek power stations, are expected to drive future revenue growth. However, higher financing costs and infrastructure investment may weigh on short-term profitability.
Guidance Statements
LGI anticipates continued growth in biogas capture and carbon credit generation, with an emphasis on infrastructure expansion. While profitability pressures exist, the long-term strategy of enhancing landfill gas recovery and renewable power production remains intact. The company aims to improve cash flow conversion and maintain dividend consistency.
Results vs. Market Expectations
Revenue growth met expectations, but the decline in profit due to higher interest expenses may have disappointed investors. The stability in EBITDA suggests operational resilience, yet market sentiment may be affected by weaker net income figures.
Market Positioning
LGI’s share price has remained relatively stable, trading within a range leading into the results announcement. The stock is positioned moderately below its 52-week high, reflecting both investor confidence in its growth strategy and concerns over profitability headwinds.
Disclaimer: This information is provided purely for educational purposes. It takes no account of an individual’s personal financial circumstances and hence can in no way constitute financial advice. The above data may be subject to errors or inconsistencies for which the author takes no liability. It is imperative that all investors do their own research or if they need advice, seek it from a qualified financial adviser.
Quick Take: H1FY25 ASX:LGI