Stanmore Resources Ltd (S0D) Q2 2026 Earnings Report
DE:S0D Q2 2026 EPS Results
- Actual EPS
- -EUR 0.04
- Consensus EPS
- -EUR 0.02
- Beat/Miss
- Missed by -EUR 0.02
- One Year Ago EPS
- -EUR 0.05
DE:S0D Q2 2026 Revenue Results
- Actual Revenue
- EUR 875.41M
- Expected Revenue
- EUR 876.35M
- Beat/Miss
- Missed by -EUR 942.18K
- YoY Revenue Growth
- +1.84%
Earnings Announcement Details
- Quarter
- Q2 2026
- Date
- 08/23/2026
- Time
- After Close
- Conference Call
- Sunday, August 23, 2026
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
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.
Management reaffirmed full‑year guidance with salable production of 12.8–13.4 Mt (H1 6.5 Mt, tracking to the top end) and a second‑half weighted profile; FOB cash costs around USD 101/t (H1 USD 101.2/t, at the midpoint of guidance); capex H1 USD 39m with full‑year guidance of USD 85–95m (second‑half weighted) as Chase the Blue activity ramps; underlying EBITDA of USD 174m (up from USD 147m) driven by ~USD 112m from higher pricing, offset by ~USD 110m of FX/inflation/fuel headwinds and aided by ~USD 25m of operational improvements; the balance sheet moved from opening net debt USD 33m to pro‑forma net cash USD 49m before USD 120m of reinvestment and returns, and closed the half with net debt USD 72m; refinancing upsized the drawn term loan to USD 250m, removed scheduled USD 70m p.a. amortisation, extended the USD 200m revolver and the USD 70m GEAR facility and lowered facility pricing by 100bps; no interim dividend was declared and management will continue to monitor fuel and FX.
- Stable Sales VolumesSalable 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 EBITDAUnderlying 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 OutcomeFOB 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 RefinancePost‑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 MovementOperating 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 ProgressPoitrel 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 PerformanceSerious 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 MomentumReserves 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
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Mar 01, 2027 | 2026 (Q4) | 0.05- | 0 | ― | ― |
| Aug 23, 2026 | 2026 (Q2) | -0.02-0.04 | -0.05 | 12.50% (+0.01) | |
| Feb 22, 2026 | 2025 (Q4) | -0.060.00 | 0.06 | -93.55% (-0.05) | |
| Aug 24, 2025 | 2025 (Q2) | ―-0.05 | 0.14 | -137.09% (-0.19) | |
| Feb 23, 2025 | 2024 (Q4) | ―0.06 | 0.14 | -58.67% (-0.08) | |
| Aug 25, 2024 | 2024 (Q2) | ―0.14 | 0.34 | -60.05% (-0.20) | |
| Feb 25, 2024 | 2023 (Q4) | ―0.14 | 0.47 | -69.85% (-0.33) | |
| Aug 13, 2023 | 2023 (Q2) | ―0.34 | 0.29 | 16.67% (+0.05) | |
| Feb 26, 2023 | 2022 (Q4) | ―0.47 | 0.06 | 744.32% (+0.41) | |
| Aug 11, 2022 | 2022 (Q2) | ―0.29 | -3.43 | 108.45% (+3.72) |
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.