Dyno Nobel Posts Profit After Last Year's Loss and Sees Earnings Rising
Australian explosives maker Dyno Nobel swung to a A$66.1 million net profit for the year to September 30, and guided to higher earnings in fiscal 2027.
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what happened
Australia-based Dyno Nobel returned to profit in fiscal 2026, according to Dow Jones Newswires. Its net profit for the 12 months to September 30 was A$66.1 million (US$45.4 million), compared with a A$53.2 million loss a year earlier. Analysts polled by Visible Alpha had expected A$176.5 million.
Directors declared a final dividend of 5.0 Australian cents per share, down from 9.5 cents a year ago but in line with consensus. Underlying EBIT in the explosives business rose to A$485.1 million from A$433.6 million, within the company's guidance range of A$480 million to A$490 million.
For fiscal 2027, the company expects underlying EBIT of between A$515 million and A$555 million.
why it matters
Explosives are a core input for mining, so the results give a read on demand from miners. Investors will watch whether the fiscal 2027 outlook is met, and note that the company stopped its buyback in September after repurchasing A$574 million of shares since July 2024.
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instruments
sources
- Dyno Nobel Returns to Annual Profit, Forecasts Earnings Lift — Dow Jones Newswires, 8 November 2026 at 22:11 UTC
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