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