Korvest Ltd. · ASX:KOV

Korvest — FY2026 Earnings Presentation

16 slides from Korvest's earnings presentation, Jul 28, 2026

  1. Slide 1: June 2026 Results

    For personal use only June 2026 Results Chris Hartwig Steven McGregor

  2. Slide 2: Key Takeaways

    Key Takeaways ▪ Strong momentum as the year progressed driven by strong day-to-day and For personal use only small project markets ▪ 23% EBIT growth 2H versus 1H pre-remediation costs ▪ Major capex investment with Kilburn factory completed in July 26 ▪ WA and QLD EzyStrut branches moved to new, larg

  3. Slide 3: Vision & Strategy

    Vision & Strategy Our Vision is to be a leading vertically integrated supplier of engineered solutions, systems and services to industrial, electrical and mechanical installations. For personal use only Our Strategy is focused in the following areas : ▪ People, Safety & Environment ▪ Reduction in em

  4. Slide 4: Headline Numbers

    Headline Numbers June 26 June 25 % Change Sales $ 129.5m $ 119.57m 8.3% For personal use only EBIT $ 18.29m $ 18.91m (3.3%) NPAT $ 12.41m $ 13.16m (5.7%) Operating Cash Flow $ 5.99m $ 18.69m (68.0%) EPS 104.9 ¢ 112.0 ¢ (6.3%) Capex $11.29m $3.69m Profit After Tax ▪ Record capex funded out of operati

  5. Slide 5: Industrial Products

    Industrial Products June 26 June 25 % Change For personal use only Sales $ 118.35m $ 108.99m 8.6% EBIT $ 17.08m $ 17.58m (2.8%) EBIT % 14.4% 16.1% ▪ Improved small project / day-to-day revenue due to strong 2H ▪ Major project revenue strong but just below FY25 ▪ Five major projects commenced, two la

  6. Slide 6: Production Services

    Production Services June 26 June 25 % Change For personal use only Sales $ 11.19m $ 10.58m 5.8% EBIT $ 2.39m $ 2.76m (13.4%) EBIT % 21.4% 26.1% ▪ Record plant tonnes in FY26 ▪ Major renewable project completed in 2H ▪ Zinc costs remained high ▪ Labour management improved in 2H, improving profitabili

  7. Slide 7: Capital Expenditure

    Capital Expenditure For personal use only FY26 FY25 FY24 FY23 Capital Expenditure $ 11.29m $ 3.69m $ 4.51m $ 1.86m $6.96m Kilburn development including building ($6.3m) and equipment costs $2.7m Stay in business / maintenance, such as replacement galvanising kettle, replacement of galvanising plant

  8. Slide 8: Key Initiatives

    Key Initiatives Completed during FY26 ▪ Installed new kettle & new burner management system in Galvanising For personal use only ▪ In-house freight now operational in all states ▪ Larger WA and QLD EzyStrut branches. 2nd NSW warehouse for Data Centres ▪ Transitioned ERP system ▪ New factory handover

  9. Slide 9: Balance Sheet

    Balance Sheet ASSETS ($m) June 2026 June 2025 June 2024 Cash & Investments - 13.3 7.1 Receivables1 29.5 21.2 22.6 For personal use only Inventories2 22.7 18.5 17.0 Property, Plant & Equipment 35.6 26.7 23.0 Right-of-use Asset 13.0 8.1 7.7 Lease Receivable 0.3 1.2 1.6 Other 0.6 1.4 0.5 Total Assets 1

  10. Slide 10: Dividends

    Dividends FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 For personal use only Interim 25 ¢ 25 ¢ 25 ¢ 25 ¢ 25 ¢ Final Dividend 40 ¢ 40 ¢ 40 ¢ 35 ¢ 35 ¢ Special Dividend - 10 ¢ - - - Total Dividend 65 ¢ 75 ¢ 65 ¢ 60 ¢ 60 ¢ Franking 100% 100% 100% 100% 100% DRP activated for final dividend Key Dates ▪ Record

  11. Slide 11: Outlook

    Outlook ▪ Commencing FY27 with record order book For personal use only ▪ Major project schedules are expected to deliver strong volumes (but subject to client schedule changes) ▪ Day-to-day and project markets expected to continue at good levels subject to broader economic conditions ▪ Working capit

  12. Slide 12: Company Overview

    For personal use only Company Overview

  13. Slide 13: Introduction to Korvest

    Introduction to Korvest For personal use only ▪ Korvest (ASX:KOV) is headquartered in South Australia, providing cable and pipe supports and galvanizing services. ▪ Listed in September 1970. ▪ Korvest has sales offices and warehouses in Adelaide, Melbourne, Sydney, Brisbane and Perth, with distribut

  14. Slide 14: Industrial Products

    Industrial Products For personal use only ▪ Cable and Pipe Supports ▪ Market leader in cable supports ▪ Manufacturing facility in Kilburn ▪ Overseas supply chain ▪ Sells to EPCMs, wholesalers and direct to project contractors ▪ Local manufacturing allows quick response times and ability to fabricate

  15. Slide 15: Production Services

    Production Services For personal use only ▪ Longest galvanising kettle in Australia (14m in length) ▪ South Australia’s only centrifuge galvanising plant, specializing in the treatment of small items (national market) ▪ Predominant processor of structural work for South Australian projects or fabric

  16. Slide 16: Online

    Online www.korvest.com.au For personal use only www.linkedin.com/company/korvest Australia’s leading range of cable and pipe supports. www.ezystrut.com.au www.linkedin.com/company/ezystrut www.instagram.com/ezystrut Quick turnaround of the largest, smallest and most complex construction members. www

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