A strong first half

FY26 Interim Results

 

PLS delivered a strong first half, with underlying EBITDA increasing by 241% to $253 million at a 41% margin, returning the business to profitability.

The result was driven by higher realised pricing, reliable operating performance and continued cost discipline, with unit operating costs declining by 8% .

 

CEO message

“We closed the half with $954 million in cash and approximately $1.6 billion in total liquidity.

That financial strength provides flexibility and control through volatility and across the cycle”

Investor webcast recording

The FY26 Interim Results webcast recording will be posted here later today.