New Hope reports Q1 FY26 production gains, higher EBITDA

New Hope Corporation Limited (ASX:NHC) will release its Q1 FY26 Quarterly Activities Report on November 17, 2025, with a webcast at 10:00am AEST (11:00am AEDT) featuring chief executive Rob Bishop and the executive leadership team. The report highlights a 7.1% increase in group saleable coal production to 2.7Mt for the quarter and an 11.6% rise in coal sales to 2.7Mt compared to the previous quarter. The average realised sales price improved to A$136.6/t, driving a 15.5% increase in underlying EBITDA to A$107.9 million.

Bengalla Mine recorded improved operational performance with a 23.7% increase in saleable coal production to 1.9Mt, leading to an 18.2% reduction in FOB cash cost to A$83.0 per sales tonne. New Acland Mine saw a 13.7% increase in prime waste movement but a 21.3% decrease in saleable coal production to 0.7Mt due to processing lower yielding coals. The company paid a FY25 final fully franked dividend of 15.0 cents per share, totalling A$126.4 million, leaving an available cash balance of A$544.3 million.

New Hope also acquired an additional 3.0% stake in Malabar Resources for $36.1 million, increasing its equity interest to 25.97%, and completed the sale of Bridgeport Energy Pty Ltd, exiting the oil and gas sector. FY26 guidance targets 10.2Mt to 11.5Mt in saleable coal production.