Redox Limited

RDX.ASX

Industrials

Redox is a supplier and distributor of chemicals, ingredients and raw materials in Australia, New Zealand, Malaysia and the US.

Market Data

Price

$3.320

+0.0%
Market Cap

$1.7B

P/E Ratio

21.2x

EPS

$0.153

Div. Yield

4.00%

52-Week Change

+0.2%

Latest Earnings

Half Year Results Announcement

19 February 2026

Revenue
$674.00
+6.6% YoY
Dividend
$0.07

Redox Limited reported solid half-year results with revenue up 6.6% to $674 million and underlying NPAT growing 1.0% to $41.3 million, driven by strong industrial sales (+29%) and North American expansion (+33%). The company maintained resilient gross margins at 21.5% and strengthened its balance sheet with $145 million net cash, while declaring a 6.5 cent interim dividend. Key points: Strong industrial sales growth of 29% driven by power transmission and generation in APAC; Impressive North American expansion with 33.2% sales growth versus PCP; Strong balance sheet with $145 million net cash position and zero debt

Recent Announcements

19 Feb 2026 Supplementary Positive

Half Year Results Presentation

Redox delivered solid 1H26 results with revenue growing 6.6% to $674m driven by acquisitions and strong US growth, while maintaining stable gross margins at 21.5%. The company achieved strong cash generation with 91.4% free cash flow conversion and maintained zero net debt, positioning it well for future growth opportunities through both organic expansion and M&A. Key points: Revenue grew 6.6% to $674m driven by acquisitions and strong 33.2% growth in North American operations; Strong cash generation with 91.4% free cash flow conversion and zero net debt providing M&A capacity; ROIC improved to 14.0% from 13.5% as company deployed cash effectively for acquisitions

19 Feb 2026 Actual Results Positive

Half Year Results Announcement

Redox Limited reported solid half-year results with revenue up 6.6% to $674 million and underlying NPAT growing 1.0% to $41.3 million, driven by strong industrial sales (+29%) and North American expansion (+33%). The company maintained resilient gross margins at 21.5% and strengthened its balance sheet with $145 million net cash, while declaring a 6.5 cent interim dividend. Key points: Strong industrial sales growth of 29% driven by power transmission and generation in APAC; Impressive North American expansion with 33.2% sales growth versus PCP; Strong balance sheet with $145 million net cash position and zero debt

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