Bisalloy reports strong FY25 growth, boosts dividend

Bisalloy Steel Group Limited (ASX:BIS) reported strong financial performance for the year ended 30 June 2025, with net profit after tax attributable to members increasing by 24.8% to $19.6m. Operating EBITDA also saw a substantial rise of 19.5% to $31.9m, while revenue remained flat at $152.8m. This growth was largely driven by higher gold prices, increased defence demand, and contributions from AUKUS-related deliveries, offsetting reduced demand in Western Australia.

In line with its improved financial results, Bisalloy declared a final fully franked dividend of $0.165 per share, representing a 43.5% increase from the previous year. This brings the total dividends for FY25 to 24.5 cents per share, including the $0.08 interim dividend. The record date for the final dividend is 23 September 2025, with payment scheduled for 3 October 2025.

The company's strategic initiatives, including expansion in China and Southeast Asia, global growth in the Armour & Protection steel segment, and the commercialization of OptiWear sensor technology, are expected to underpin continued solid results in FY26. Bisalloy also achieved a net tangible asset backing per share of 168.3 cents in FY25, up from 151.8 cents in FY24.