Earnings call transcript: New Hope Group posts strong FY 2026 cash flow
New Hope Group reported strong financial results for FY 2026, with underlying EBITDA reaching AUD 514 million and operating cash flow of AUD 564 million. The company's saleable coal output increased by 8% to 11.5 million tonnes, surpassing expectations. The rise in coal prices, higher production, and tight cost control contributed to the positive outcome.
The company's two main mines, Bengalla and New Acland, both played a significant role in the results. New Hope Group's thermal coal sector benefited from favorable benchmark prices, forex movements, and higher output. The company's cash balance increased to about AUD 800 million. Management highlighted the importance of safety, capital allocation, and shareholder returns.
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