Dyno Nobel (ASX:DNL) reported Monday fiscal first-half earnings of AU$0.089 per share, excluding individually material items, up from AU$0.046 a year earlier.

Analysts polled by FactSet expected earnings of AU$0.07.

Revenue from ordinary activities for the six months ended March 31 was AU$1.9 billion, compared with AU$2.25 billion a year earlier. Analysts surveyed by FactSet expected AU$1.78 billion.

The company maintained its fiscal 2026 earnings before interest and taxes guidance at around AU$460 million to AU$500 million while lowering capital expenditure guidance to AU$250 million to AU$300 million due to the deferral of some growth-related spending into fiscal 2027.

The board declared an interim dividend of AU$0.046 per share, up from AU$0.024 a year earlier, payable July 2 to shareholders on record as of June 15.