{
  "id": 2928289,
  "title": "Earnings call transcript: EVT lifts FY2026 profit, shares jump on growth outlook",
  "url": "https://urgent.news/2026/08/24/earnings-call-transcript-evt-lifts-fy2026-profit-shares-jump-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T02:33:54.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-evt-lifts-fy2026-profit-shares-jump-on-growth-outlook-93CH-4872583"
  },
  "original_language": "en",
  "account": "Event Hospitality and Entertainment Limited reported that their FY2026 revenue climbed 6.3% to AUD 1.3 billion and normalized EBITDA rose 8.4% to AUD 174.4 million. Reported net profit after tax increased to AUD 50.7 million, up AUD 17.3 million from the previous year. The stock price jumped 10.23% to $15.52, close to the top of its 52-week range. Growth in hotels, entertainment, and Thredbo helped offset a tougher second half in some parts of the business. EVT's FY2026 results showcased a business with diverse components and a clear pattern of operating leverage. The hotels division remained the largest earnings engine, expanding to 84 hotels and 12,603 rooms, making them the second-largest hotel operator in the region. Entertainment also showed strong improvement, with revenue up 4.4% and EBITDA increasing 14.5%. New Zealand's Thredbo reported growth, with revenue up 10.6% and EBITDA up 13.7%. The company's capital recycling plan, involving divestment of non-core property assets, was well-received by investors. Management anticipates further EBITDA growth in FY2027 and projects a record year for the hotels division.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}