Big River Industries Limited
BRI.ASXMaterials
Manufacturer and distributor of timber and building products.
Market Data
$1.375
-0.0%$133.8M
33.8x
$0.042
2.82%
+0.0%
Latest Earnings
Appendix 4D and Half Year Report
25 February 2026
Big River Industries returned to profitability with net profit of $1.4M in 1HFY26, a significant turnaround from a $17.0M loss in the prior year, primarily due to the non-recurrence of $20.0M goodwill impairment charges. Revenue declined 2.6% to $206.0M with softer volumes offset by improved gross margins (up 20 basis points) from better pricing discipline and product mix, while EBITDA remained stable at $14.5M. The company acquired Johns Building Supplies for up to $17.1M and raised $10.0M through an entitlement offer, maintaining a fully franked interim dividend of 2.0 cents per share. Key points: Statutory NPAT swung to $1.4M profit from $17.0M loss due to non-recurrence of $20.0M goodwill impairment from prior year; Gross profit margins improved 20 basis points despite softer volumes and competitive pressure, driven by stronger pricing discipline and improved product mix; EBITDA margin expanded to 7.1% from 7.0% with stable EBITDA at $14.5M, demonstrating operational leverage and cost discipline
Recent Announcements
Earnings Guidance & Strategic Update
Big River Industries Limited (ASX: BRI) provided FY26 earnings guidance of approximately 8% EBITDA growth in line with consensus, despite Q4 disruptions from wet weather, and projects double-digit EBITDA growth for FY27. The Board has engaged Greenstone Partners to review strategic options, stating the current share price does not reflect the company's long-term value, though no decisions have been made regarding any transaction.
Appendix 4D and Half Year Report
Big River Industries returned to profitability with net profit of $1.4M in 1HFY26, a significant turnaround from a $17.0M loss in the prior year, primarily due to the non-recurrence of $20.0M goodwill impairment charges. Revenue declined 2.6% to $206.0M with softer volumes offset by improved gross margins (up 20 basis points) from better pricing discipline and product mix, while EBITDA remained stable at $14.5M. The company acquired Johns Building Supplies for up to $17.1M and raised $10.0M through an entitlement offer, maintaining a fully franked interim dividend of 2.0 cents per share. Key points: Statutory NPAT swung to $1.4M profit from $17.0M loss due to non-recurrence of $20.0M goodwill impairment from prior year; Gross profit margins improved 20 basis points despite softer volumes and competitive pressure, driven by stronger pricing discipline and improved product mix; EBITDA margin expanded to 7.1% from 7.0% with stable EBITDA at $14.5M, demonstrating operational leverage and cost discipline
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