Adrad Holdings Limited · ASX:AHL
Adrad — FY2026 Earnings Presentation
23 slides from Adrad's earnings presentation, Aug 18, 2026
Slide 1: FY26 Results Presentation
For personal use only FY26 RESULTS PRESENTATION Visit AUGU S T Now 2026 adradholdings.com.au
Slide 2: Disclaimer
Disclaimer 2 This presentation is provided for information purposes only. The information in this “will”, “believe”, “forecast”, “estimate”, “target” and other similar expressions within presentation is in a summary form, does not purport to be complete and is not the meaning of securities laws of a
Slide 3: Adrad Today
Adrad Today Vision: 1st Choice for Industrial & Engine Cooling Solutions HEAT TRANSFER SOLUTIONS (AIR RADIATORS) DISTRIBUTION (ADRAD) For personal use only Delivering expert engineering, manufacturing, and Imports and distributes cooling and mechanical parts servicing solutions for radiators and coo
Slide 4: FY26 Group Financial Highlights
FY26 Group Financial Highlights Improved earnings and cash generation $155.5m $19.5m $7.9m $17.9m For personal use only Revenue Underlying1 EBITDA Underlying1 NPAT Operating Cash flow 1.6% 10.8% 9.7% 28.8% from FY25 from underlying FY25 from underlying FY25 From FY25 $5.2m $1.07 8.02cps 4.01cps Net
Slide 5: FY26 Key take aways
FY26 Key take aways For personal use only Financial Performance Operational Progress Position entering FY27 • Revenue increased 1.6% to • Leadership and organisational • Clear strategy $155.5m restructuring completed • Strong order book and pipeline • Underlying EBITDA increased • Data centre produc
Slide 6: FY26 Financial and Operating Performance
For personal use only FY26 Financial and Operating Performance
Slide 7: FY26 Group Financial Performance
FY26 Group Financial Performance Summary financials: FY26 FY25 Change For personal use only ($m) ($m) Revenue 155.5 153.1 1.6% • Revenue increased to $155.5 million despite lower volumes from a major OEM customer. Statutory EBITDA 17.8 16.5 7.9% • Growth in data centre activity and new customers acr
Slide 8: FY26 Segment Performance
FY26 Segment Performance The : Group continues to benefit from the complementary nature of its two operating segments, with Distribution providing stable cash generation while HTS expands into structurally growing industrial markets. Heat Transfer Solutions Distribution For personal use only FY26 FY
Slide 9: HTS – Building a Diversified Platform
HTS – Building a Diversified Platform HTS continues to successfully execute higher value engineered applications with major customers. Power Generation Data Centres Industrial Rail For personal use only Core Capability Cooling Systems for Cooling Systems for rail Cooling Systems for remote Cooling S
Slide 10: HTS – FY26 Operational Highlights
HTS – FY26 Operational Highlights • Operational improvement initiatives contributed to a 40.2% increase in HTS underlying EBITDA • Doubled data centre capacity in Australia For personal use only • Data centre orders exceeded 400 units across Lara and Gillman • Manufactured and delivered 20 large rad
Slide 11: Data Centres – Scaling to Meet Customer Demand
Data Centres – Scaling to Meet Customer Demand Adrad has invested in manufacturing capacity to capture a rapidly growing data centre cooling market and that investment is already translating into customer orders and a significant pipeline of future opportunities. MARKET DRIVERS CAPABILITY For person
Slide 12: Power Generation, Mining and OEM Growth
Power Generation, Mining and OEM Growth HTS continued to diversify into sophisticated, higher-value power generation, mining and OEM markets, broadening the Group's earnings base and supporting long-term growth. POWER GENERATION MINING OEM GROWTH For personal use only • Delivered 20 engineered • Sec
Slide 13: Thailand: Investing for Growth
Thailand: Investing for Growth Thailand is a key manufacturing hub supporting Adrad's HTS growth strategy across OEM, industrial coil, power generation into Asia-Pacific markets. For personal use only EXPANSION • Construction commenced on ~4,000sqm second factory • Freehold site provides long term e
Slide 14: Distribution – Diversifying the Earnings Base
Distribution – Diversifying the Earnings Base Distribution continued to diversify its customer channels while maintaining a resilient cash generative platform supporting Group investment. • Distribution entered 2H26 with double-digit sales growth. Trading softened in 4Q following higher fuel prices
Slide 15: Balance Sheet
Balance Sheet Financial strength to support growth. FY26 FY25 Change ($m) ($m) For personal use only Cash 24.5 18.2 34.6% Trade and other receivables 21.9 22.1 -0.9% Contract Assets 0.7 4.7 -85.1% • Cash increased to $24.5m. Inventory 48.4 46.9 3.2% • Operating cash flow increased 28.8%. Property, P
Slide 16: Cash Flow
Cash Flow Strong cash generation and financial capacity FY26 FY25 Change ($m) ($m) Operating cashflow 20.2 16.9 19.5% For personal use only Finance (costs)/income -1.0 -1.0 - Tax Paid -1.2 -2.0 (40.0%) • Operating cash flow increased 28.8% to $17.9 million. Cash flows from operating activities 17.9
Slide 17: Outlook
For personal use only Outlook
Slide 18: FY27 Priorities and Outlook
FY27 Priorities and Outlook The outlook remains subject to customer demand, project timing, broader economic conditions and the ongoing execution of operational initiatives. The Group enters FY27 with improved profitability, stronger operating cash flow and a strengthened operational platform follow
Slide 19: Conclusion
Conclusion FY26 marked another step in Adrad's transition towards a higher-quality industrial business. Improved profitability, increasing exposure to higher-growth engineered heat transfer solution markets and expanded manufacturing capability have strengthened the Group's earnings profile, while t
Slide 20: Thank you
For personal use only Thank you
Slide 21: Appendix
For personal use only Appendix
Slide 22: Profit from continuing operations bridge
Profit from continuing operations bridge Underlying EBITDA Bridge FY25 to FY26 use only $1.7M $19.5M • Underlying EBITDA increased in FY26, reflecting improved operating leverage, margin improvement and disciplined cost management despite modest (A$m) revenue growth. For personal • Reported EBITDA w
Slide 23: Contact Us
For personal use only CONTACT US Investor Relations Investor@adrad.com.au This presentation has been authorised for release by the Board of Adrad Holdings Limited