EVT FY26 slides: profit surges 52%, $800m asset sale planned

Event Hospitality and Entertainment Limited (EVT) reported strong FY26 results on August 24, 2026, with normalized EBITDA reaching $174.4 million, up 8.4%, and reported net profit after tax surging 51.9% to $50.7 million. The company unveiled a three-pronged strategic plan, including an accelerated hotels growth strategy with the strongest pipeline on record, a planned ~$800 million divestment of non-core assets, and an independent review of its group structure by Rothschild & Co. The company's stock surged 10% to $15.49 on the announcement, reflecting market confidence in its growth strategy.

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