PWR Holdings Limited (PWH) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the PWR Limited Half Year 26 results call. All participants are in a listen-only mode. There will be a presentation followed by a question and answer session. If you would like to ask a question via the phone, you'll need to press the star key followed by the number 1 on your telephone keypad. If you'd like to ask a question via the webcast, please enter it into the Ask a Question box and click Submit. I'd now like to hand the conference over to Mr Matthew Bryson, Acting CEO. Please go ahead. Good morning. I'm Matthew Bryson. Acting CEO of PWR Holdings Limited and I am joined by Sharon Williams, PWR's Chief Financial Officer and incoming CEO. Today I am pleased to present PWR's half-year results for the financial year 2026. This presentation will provide an overview of our financial performance, strategic priorities and outlook. Turning to slide four, Following a transitional year for the company in FY25, the first half of 2026 demonstrates clear earnings momentum underpinned by volume growth and the early emergence of operating leverage as the significant investments in capacity and capability begin to scale. Group revenue growth of almost 28% was weighted to a stronger second quarter as operational disruption associated with the final stages of the factory move and temporary power arrangements was removed, enabling improved execution and higher throughput. With the transition complete and stable infrastructure in place, the business is now operating on a far more consistent and scalable footing. NPAT growth of 38% to $5.7 million outpaced revenue growth supported by higher utilisation of our expanded labour base and improving operational efficiency as throughput increased. Strong cash conversion at over 100% remains a core c...