Peet Posts Higher Fiscal H1 Operating Earnings, Revenue, Lifts Guidance, Shares Up 9%

MT Newswires Live

Feb 19

Peet (ASX:PPC) reported Thursday operating earnings of AU$0.1088 per share in the fiscal first-half of 2026 compared to AU$0.0538 a year earlier.

Revenue for the six months ended Dec. 31, 2025, was AU$222.9 million, compared with AU$174.2 million a year earlier.

The company has upgraded its fiscal 2026 net profit after tax to AU$86 million to AU$90 million, up from previous guidance of AU$74 million to AU$78 million, with an expected earnings growth of 47% to 54% from fiscal 2025.

The company expects continued growth in fiscal 2027.

The board declared an interim dividend of AU$0.065 per share, up from AU$0.0275 a year earlier, payable March 26 to shareholders on record as of March 12.

The company's shares rose 9% in recent Thursday trade.

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