Full Year 2026 Redox Ltd Earnings Call Transcript

Aug 19, 2026 / 01:00 AM GMT

Release Date Price: A$3.59 (-5.53%)

Transcript

Key Points

Positve

Redox Ltd (ASX:RDX) achieved record sales revenue of $1.33 billion, up 6.9%, driven by organic growth and strong performance in North America.
Gross profit increased 11% to $298 million, with the gross profit margin improving by 0.8 percentage points to 22.4%, reflecting a better product mix and resilient branding model.
North American revenue surged 33.8% to exceed $100 million for the first time, supported by new customer wins, expanded product range, and a coast-to-coast presence.
Statutory NPAT rose 19.2% to $92 million, with pro forma basic EPS up 19.2% to $0.175, and after-tax ROIC improved by 1.1 percentage points to 14.6%.
The company maintains a strong balance sheet with zero net debt, $123 million in cash, and improved free cash flow conversion to 62.5%, within its long-term target range.
Management expects price inflation from Middle East supply disruptions to provide tailwinds into FY27, with potential for 10-15% price increases based on historical precedents.

Negative

New Zealand sales declined 4% due to softer demand in the Human Health segment, impacted by a major customer losing a large contract.
Underlying operating expenses increased by $19 million to $176 million, driven by higher activity levels, wage growth, and increased investment in capabilities.
Geopolitical volatility, particularly the Middle East conflict, caused supply chain disruptions and product availability issues, creating uncertainty in demand and pricing.
The company faced a $4 million adverse movement in foreign exchange outcomes on receipts, partially offset by cost-winding movements on payments.
Management noted that while price inflation is expected, it could push down demand in some industries, and the exact magnitude and duration of price increases remain uncertain.
No acquisitions were completed in FY26, and management acknowledged that M&A opportunities in the US have been slower than hoped, with timing unpredictable.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

RDX.AX - Redox Limited
Full Year 2026 Redox Ltd Earnings Call
Aug 20, 2026 / 01:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Thank you for standing by and welcome to the Redox Limited full year 2026 results briefing.

All participants are in a listen-only mode.

There will be a presentation followed by a question-and-answer session.

If you wish to ask a question via the phones, you will need to press the star key followed by the number one on your telephone keypad.

If you wish to ask a question via webcast, please enter it into the ask a question box and click submit. I'd now like to hand the conference over to Mr. Raymond Conegliano with CEO. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.