EarningsQ2 2026 Earnings Report
DE:S0D Q2 2026 EPS Results
Actual EPS-€0.04
Consensus EPS-€0.02
Beat/MissMissed by -€0.02
One Year Ago EPS-€0.05
DE:S0D Q2 2026 Revenue Results
Actual Revenue€875.41M
Expected Revenue€876.35M
Beat/MissMissed by -€942.18K
YoY Revenue Growth+1.84%
Earnings Announcement Details
QuarterQ2 2026
Date08/23/2026
TimeAfter Close
Conference CallSunday, August 23, 2026
DE:S0D Upcoming Earnings
Stanmore Resources Ltd's next earnings date is estimated for March 1, 2027, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced solid operational recovery, disciplined cost outcomes and meaningful strategic progress (EBITDA growth, safety, refinancing, project milestones) against significant macroeconomic headwinds (FX, fuel, inflation), early‑year weather disruption and near‑term execution/approval risks. Management reaffirmed full‑year guidance and emphasised capital discipline and flexibility while progressing organic growth projects.Company Guidance
Stable Sales Volumes
Salable production of 6.5 million tonnes in H1 2026, in line with H1 2025 (0% change), with strong recovery in run-of-mine volumes in Q2 after weather‑affected Q1 and inventories positioning the business for a second‑half weighted profile.
Improved Underlying EBITDA
Underlying EBITDA rose to USD 174 million from USD 147 million in the prior year, an increase of approximately USD 27 million (+18%). Higher realized pricing contributed ~USD 112 million and operational improvements added ~USD 25 million to the result.
Cost Discipline and Unit Cost Outcome
FOB cash costs were USD 101.2 per tonne for H1 2026, around the midpoint of guidance. Excluding macro impacts (FX, inflation, fuel), underlying cash costs declined by about USD 4/tonne year‑on‑year to ~USD 87/tonne before macroeconomic impacts.
Balance Sheet and Liquidity Improvements via Refinance
Post‑half refinancing improved facility pricing by 100 basis points, upsized the drawn term loan to USD 250 million, removed scheduled annual amortisations of USD 70 million, and extended revolving/working capital maturities (SRF extended ~18 months; GEAR extended ~2 years), materially increasing capital flexibility.
Operating Cash Flow and Net Debt Movement
Operating cash generation moved the company from opening net debt of USD 33 million to a pro forma net cash position of ~USD 49 million before capital allocation; after USD 120 million of capex and shareholder returns, the period closed with USD 72 million net debt, described as manageable given conservative gearing and positive operational cash flows.
Asset-Level Outperformance and Projects Progress
Poitrel delivered 2.5 million tonnes of salable production and is tracking ahead of annual run‑rate guidance; CHPP tailings pumping project completed in March and the truck rebuild program is ahead of schedule. South Walker produced 3.1 million tonnes with Chase the Blue strategy tracking ahead of schedule.
Safety Performance
Serious accident frequency rate of 0.51, well below the latest industry average for Queensland open cut coal mines, maintaining a strong safety benchmark.
Development Pipeline and Approvals Momentum
Reserves and resources of 571 million tonnes and >5 billion tonnes respectively. Isaac Downs Extension adequacy review stage satisfied ~2 months ahead of schedule; Eagle Downs stamp duty objection successful with an expected refund of ~AUD 35 million (approx USD 24–25 million); Lancewood progressed to PFS with maiden reserve targeted H1 2028.
DE:S0D Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed