ASX FY26 Earnings: PLS Group Revenue Surges 152%, AFG Profit Up 39%, Adore Beauty and EVT Beat as Perenti Delivers Record EBIT

The Quick Take

• PLS Group (PILBF) delivered 152% revenue growth to $1.9 billion with record production volumes, while AFG (ASX:AFG) posted 39% profit growth to $49 million on a record securities loan book
• Adore Beauty (ASX:ABY) reported record FY26 revenue of $207.3 million with customer acquisition costs falling 37.4% as omnichannel sales expanded to 11.9% of H2 revenue
• EVT Ltd (ASX:EVT) launched a Rothschild-led strategic review targeting $800 million in non-core property asset divestments after posting 6.3% revenue growth and 8.4% EBITDA growth

Australia's FY2026 reporting season continued to deliver broad-based earnings beats across diverse sectors. PLS Group, a maritime ports and logistics operator, delivered a standout result with revenue surging 152% to $1.9 billion on record production volumes and improved pricing. Australian Finance Group posted a 39% profit increase to $49 million, reflecting Australia's improving mortgage origination market and the benefit of record growth in its securities loan book. Both results reinforce the narrative that Australia's infrastructure and financial services sectors are in a cyclical upswing entering FY27, with management teams providing ambitious growth targets for the year ahead.

Three additional ASX-listed companies provided further confirmation of Australia's broad earnings recovery. Adore Beauty, an Australian online beauty retailer, achieved record FY26 revenue of $207.3 million while cutting customer acquisition costs by 37.4% — a rare combination of revenue growth and marketing efficiency improvement signaling the maturation of its customer flywheel. Perenti, a contract mining services company, delivered record EBIT(A) of $340 million across its African and Australian operations. EVT Ltd, the entertainment and hotel operator, reported 6.3% revenue growth and 8.4% EBITDA improvement, and announced a Rothschild-led strategic review targeting $800 million in non-core property asset divestments to sharpen its portfolio focus.

The five FY26 results span resources, financial services, e-commerce retail, mining services, and hospitality — illustrating that Australia's earnings recovery is sector-wide rather than concentrated. For investors in ASX equities, the breadth of the earnings beat season supports a more constructive outlook entering FY27. Key forward signals include EVT's strategic review outcome and divestment valuation, PLS Group's FY27 volume and pricing guidance, and Adore Beauty's omnichannel revenue trajectory as its H2 momentum builds. AFG's record loan book signals residential mortgage growth resumption — an early indicator for Australia's broader financial services sector performance through the year.

Synthesized from 5 sources.