Slide 1: H1 FY26 Results Presentation
DGL H1 FY26 Results Presentation 15 April 2026 DGL Group Limited (ASX: DGL) dglgroup.com
Slide 2: Important Notice
DGL GROUP H1 FY26 RESULTS PRESENTATION IMPORTANT NOTICE The H1 FY26 financial results in this presentation based on the audited half year report for the negligence) for any loss whatsoever arising from the use of this presentation or its contents or period ended 31 December 2025, which included a mo
Slide 3: Contents
DGL GROUP H1 FY26 RESULTS PRESENTATION CONTENTS 01 02 03 OVERVIEW FINANCIAL RESULTS STRATEGY & OUTLOOK 06 H1 FY26 Highlights 14 Financial Performance 23 Strategic Priorities 07 Key Drivers in H1 FY26 15 Key Financial Metrics 25 Trading Update & Outlook 08 Actions to Improve Performance 16 Manufactur
Slide 4: DGL is a leading supplier of chemical logistics and services to essential industries
DGL GROUP H1 FY26 RESULTS PRESENTATION DGL is a leading supplier of chemical logistics and services to essential industries in Australia, New Zealand and beyond 4
Slide 5: Overview
DGL GROUP H1 FY26 RESULTS PRESENTATION Overview Simon Henry (CEO) 5
Slide 6: H1 FY26 Highlights
DGL GROUP H1 FY26 RESULTS PRESENTATION H1 FY26 Highlights 1 $225m $24.7m $0.3m $10.5m Sales Revenue Underlying EBITDA Underlying NPAT Cash Flow from Operations down 5.8% vs PCP down 5.0% vs PCP Down $1.4m vs PCP vs $18.1m PCP 72% ($12.8)m $0.74 $78.2m Operating Cash Flow Conversion2 Statutory NPAT N
Slide 7: Half Year Overview
DGL GROUP H1 FY26 RESULTS PRESENTATION Half Year Overview Audit • BDO Appointed Auditor in December 2025 • Full audit of H1 FY26 results complete Growth initiatives • Focus on investing in areas of the business where we have strong operating performance and strong IP • Development of the new Liquid
Slide 8: Key Drivers in H1 FY26
DGL GROUP H1 FY26 RESULTS PRESENTATION Key Drivers in H1 FY26 Strong performance: • Record demand in WA for our formulated and manufactured agricultural chemicals, with strong AgChem export demand • Increased warehouse demand due to competitors exiting the market - improving margins • Increased AdBl
Slide 9: Health & Safety
DGL GROUP H1 FY26 RESULTS PRESENTATION Health & Safety Prioritising the health and safety of our people Safety Initiatives H1 FY26 • Continued investment in safety systems, improving visibility and consistency of incident, hazard and training management GROUP TOTAL RECORDABLE • Implementing standard
Slide 10: DGL's Core Values
DGL GROUP H1 FY26 RESULTS PRESENTATION DGL’s Core Values 10
Slide 11: Delivering Integrated Services to Essential Industries
DGL GROUP H1 FY26 RESULTS PRESENTATION Delivering Integrated Services to Essential Industries Manufacturing Logistics Environmental Services Key Industries Services Warehousing Transport Services • Crop Protection • Formulation • Classed Dangerous • Road Freight (intra and • Waste Removal • Mining •
Slide 12: Comprehensive Trans-Tasman Footprint Serving All Industries
DGL GROUP H1 FY26 RESULTS PRESENTATION Comprehensive Trans-Tasman Footprint Serving All Industries DGL’s extensive network supports its role as a leading provider of chemical logistics and services to essential industries in Australia and New Zealand Warehousing Port Services Labels & Packaging Tran
Slide 13: H1 FY26 Financial Results
H1 FY26 Financial Results Gagan Singh (CFO) 13
Slide 14: Financial Performance
DGL GROUP H1 FY26 RESULTS PRESENTATION FINANCIAL PERFORMANCE REVENUE Stable operating performance in a challenging market $239.1m $242.4m • Revenue has been impacted by the sale of the used $225.2m lead-acid battery recycling plant in Laverton, Victoria ($9.8m revenue H1 FY25) and ongoing scarcity o
Slide 15: Key Financial Metrics
DGL GROUP H1 FY26 RESULTS PRESENTATION KEY FINANCIAL METRICS A$ million H1 FY26 H1 FY25 % Change • Gross Margin % improvement driven by strong demand in the crop protection sector and improvement to manufacturing Revenue 225.2 239.1 -5.8% efficiency Gross Margin 43.5% 43.1% +0.4% • Expenses reduced
Slide 16: Divisional Performance - Manufacturing
DGL GROUP H1 FY26 RESULTS PRESENTATION DIVISIONAL PERFORMANCE - MANUFACTURING REVENUE1 Highlights $135.8m $132.9m $133.8m • Strong export demand for our manufactured AgChem • Increased volumes of AdBlue sales throughout Australia and New Zealand, although with further price normalisation • Increased
Slide 17: Divisional Performance - Logistics
DGL GROUP H1 FY26 RESULTS PRESENTATION DIVISIONAL PERFORMANCE - LOGISTICS REVENUE1 Highlights $68.3m $73.0m $74.4m • Increasing demand for metro, intra and interstate packaged chemical logistics • Positive response from customers to new and improved facilities • Benefits from updated technology incl
Slide 18: Divisional Performance – Environmental Services
DGL GROUP H1 FY26 RESULTS PRESENTATION DIVISIONAL PERFORMANCE – ENVIRONMENTAL SERVICES REVENUE1 Highlights $37.9m $33.6m • New liquid waste treatment plant in NSW has been delayed, but is progressing well, with full commissioning expected by the end of FY26 • Strong demand for liquid waste transport
Slide 19: Balance Sheet
DGL GROUP H1 FY26 RESULTS PRESENTATION BALANCE SHEET A$ million H1 FY26 FY251 Working Capital Working Capital 65.8 61.7 • Increase in working capital driven by seasonal build up of inventory to support production for the crop protection market Property, Plant & Equipment 240.4 254.7 Property, Plant
Slide 20: Operating Expenses
DGL GROUP H1 FY26 RESULTS PRESENTATION OPERATING EXPENSES Operating Expenses $m Increase Decrease Total People 90 • Costs reduced due to the sale of the Laverton ULAB site and 80 78.2 rationalisation of head count at the Unanderra ULAB site 0.3 0.7 0.3 76.2 • Stabilisation of costs in Shared Service
Slide 21: Cash Flow
DGL GROUP H1 FY26 RESULTS PRESENTATION CASH FLOW Operating cash flows: • Operating cash flow of $10.5m is 42% down on pcp, driven by A$ million H1 FY26 H1 FY25 Change increased working capital and the reduction in gross profit • Operating cash conversion1 at 72% (H1 FY25: 95%) Operating Cash Flow 10
Slide 22: Strategy & Operations
Strategy & Operations Simon Henry (CEO) 22
Slide 23: Strategic Priorities
DGL GROUP H1 FY26 RESULTS PRESENTATION STRATEGIC PRIORITIES Health & Safety Organic Growth Financial Returns Integration & Consolidation • Commitment to safety at all • Focus on organic growth and • Continue to deliver • Complete the integration of levels of our operations expansion in DGL’s core im
Slide 24: Outlook
Outlook Simon Henry (CEO) 24
Slide 25: H2 FY26 Trading Update and Outlook
DGL GROUP H1 FY26 RESULTS PRESENTATION H2 FY 26 TRADING UPDATE AND OUTLOOK TRADING UPDATE OUTLOOK FOR H2 FY26 • We are seeing strong volumes early in the current half in crop • We expect significant ongoing disruptions to global transport protection and pest control although the price and availabili
Slide 26: Investment Highlights
DGL GROUP H1 FY26 RESULTS PRESENTATION INVESTMENT HIGHLIGHTS Leading supplier of chemical logistics and services to essential industries in Australia, New Zealand and beyond Integrated service Operating in highly Diversified across Renewed focus Integration of provider delivering regulated industrie
Slide 27: Contact: Barbara Furci (DGL Group Limited)
CONTACT: Barbara Furci (DGL Group Limited) info@dglgroup.com +61 487 962 595 27 dglgroup.com