BRIEF-AGL Energy Sees FY26 Underlying Net Profit After Tax Between A$580 Mln-A$680 Mln

Reuters

02/11

Feb 11 (Reuters) - AGL Energy Ltd AGL.AX:

SEES FY26 UNDERLYING NET PROFIT AFTER TAX BETWEEN A$580 AND A$680 MILLION
TARGETING A$50 MILLION OF SUSTAINABLE NET OPERATING COST REDUCTIONS IN FY27
SEES FY26 UNDERLYING EBITDA BETWEEN A$2,020 AND A$2,180 MILLION
DIVESTMENT OF TILT RENEWABLES EXPECTED TO BE COMPLETED IN Q3
STRATEGIC, LONG-TERM PARTNERSHIP WITH AUSSIE BROADBAND
DIVESTMENT OF OUR TELECOMMUNICATIONS BUSINESS
THE AGREEMENT WILL SEE THE DIVESTMENT OF OUR TELECOMMUNICATIONS BUSINESS
400K TELECOMMUNICATIONS CUSTOMER SERVICES ACQUIRED BY ABB IN EXCHANGE FOR PROCEEDS OF A$115 MILLION OF SHARES IN ABB
ISSUANCE OF ABB SHARES TO AGL IS EXPECTED TO OCCUR IN JUNE 2026

Further company coverage: AGL.AX

((Reuters.Briefs@thomsonreuters.com;))

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