Codan Limited
CDA.ASXInformation Technology
Codan Limited designs, manufactures and markets a diversified range of high value-added electronics products for global government, business, aid and humanitarian, and sophisticated consumer markets. Our core products are radio communications, metal detectors and mining technology.
Market Data
$42.515
+0.0%$7.5B
58.2x
$0.705
0.87%
+0.4%
Latest Earnings
CDA Half Year Results Announcement
19 February 2026
Codan delivered exceptional H1 FY26 results with revenue up 29% to $393.5M and NPAT up 55% to $71.2M, driven by strong performance in both Communications and Metal Detection segments. The Metal Detection business was particularly outstanding with 46% revenue growth and 86% segment profit growth, while Communications maintained solid growth with a 19% revenue increase. The company maintains positive outlook for both segments with strong market conditions continuing. Key points: Exceptional Metal Detection performance with 46% revenue growth and 86% segment profit increase; Strong Communications growth of 19% revenue with robust orderbook up 19% to $294M; Unmanned systems revenue surged 68% to $73M driven by defense applications demand
Recent Announcements
Trading Update
Codan Limited (ASX:CDA) provided a trading update for FY26, reporting that the Group is trading above expectations with the Communications business expected to achieve revenue growth at the top end of its 15-20% target range, now forecast to deliver a 30% segment profit margin in FY26 (ahead of the FY27 target), while Minelab revenue is tracking ahead of first-half performance. The company now expects FY26 EBIT of approximately $235 million and NPAT of approximately $170 million, representing over 60% increase versus FY25.
CDA Half Year Results Investor Presentation
Codan Limited delivered exceptional H1 FY26 results with revenue up 29% to $393.5M and NPAT up 55% to $71.2M, driven by strong performance across both Communications and Metal Detection segments. The company's disciplined execution of its strategic plan shows across all key metrics, with Communications revenue growing 19% and Minelab's exceptional 46% revenue growth. Management maintains positive outlook with Communications expecting 15-20% FY26 growth and Minelab H2 performance expected to at least match strong H1 levels. Key points: Strong organic growth with group revenue up 29% to $393.5M driven by both segments; Exceptional Minelab performance with 46% revenue growth and segment profit up 86%; Communications segment delivered 19% revenue growth with strong orderbook growth to $294M
CDA Half Year Results Announcement
Codan delivered exceptional H1 FY26 results with revenue up 29% to $393.5M and NPAT up 55% to $71.2M, driven by strong performance in both Communications and Metal Detection segments. The Metal Detection business was particularly outstanding with 46% revenue growth and 86% segment profit growth, while Communications maintained solid growth with a 19% revenue increase. The company maintains positive outlook for both segments with strong market conditions continuing. Key points: Exceptional Metal Detection performance with 46% revenue growth and 86% segment profit increase; Strong Communications growth of 19% revenue with robust orderbook up 19% to $294M; Unmanned systems revenue surged 68% to $73M driven by defense applications demand
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