McMillan Shakespeare reports strong FY25 growth, declares $1.48 full-year dividend

McMillan Shakespeare Limited (ASX:MMS) reported a statutory net profit after tax (NPAT) of AUD95.3 million, a 14.1% increase for FY25. Normalised revenue rose by 3.0% to AUD541.6 million, with growth across all segments. The company completed its multi-year "Simply Stronger" program, introducing digital solutions and achieving productivity gains, including a 4.1% increase in novated lease sales and a 21.5% rise in Plan & Support Services customers, partly due to the acquisition of My Plan Support in May 2025 for AUD8.7 million.

In line with strong performance, the board declared a fully franked final dividend of AUD0.77 per share, bringing the full-year dividend to AUD1.48 per share, representing a 100% payout ratio of normalised earnings. The final dividend will be paid on 26 September 2025, with an ex-dividend date of 11 September 2025. The company will enter FY26 with sustained business momentum, expecting continued customer growth, benefits from strategic investments, and the removal of non-recurring costs.

The FY25 results, including the Appendix 4E Preliminary Final Report and the Annual Report for the year ended 30 June 2025, were authorised for release by the MMS board on 28 August 2025. An investor briefing on the results is scheduled for 29 August 2025.