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Qube lifts profit, dividend and backs Macquarie-led takeover after record half

Story Highlights
  • Qube posted record H1 FY26 results with strong revenue, earnings and dividend growth.
  • A Macquarie-led consortium will acquire Qube under a scheme as the company forecasts further earnings growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Qube lifts profit, dividend and backs Macquarie-led takeover after record half

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Qube Holdings ( (AU:QUB) ) has shared an announcement.

Qube Holdings reported another record half-year result for H1 FY26, with underlying revenue rising 12.9% to $2.36 billion and underlying EBITA up nearly 10% to $196.3 million. Growth was driven by solid performance in its Operating Division and contributions from recent acquisitions, while statutory profit was boosted by a significant gain on the sale of land at Beveridge, Victoria.

Underlying NPATA increased 10.1% to $157.5 million and earnings per share also improved, supporting a 30.5% lift in the fully franked interim dividend to 5.35 cents per share, implying a 60% payout ratio. The company reported improving safety metrics despite a fatal contractor incident, and expects continued solid underlying earnings growth in FY26, with Logistics & Infrastructure leading gains and associates, particularly Patrick, contributing around $20 million more than in FY25.

Qube also highlighted the strategic impact of its acquisition-led growth model, citing strong contributions from assets such as AAT Webb Dock West, the ABH bulk handling facility and Nexus Logistics. In a major ownership development, the board has agreed to a scheme of arrangement under which a Macquarie Asset Management-led consortium will acquire 100% of Qube, a move management says reflects the value created in the business and is expected to provide a platform for further evolution of its logistics operations.

The most recent analyst rating on (AU:QUB) stock is a Buy with a A$4.90 price target. To see the full list of analyst forecasts on Qube Holdings stock, see the AU:QUB Stock Forecast page.

More about Qube Holdings

Qube Holdings is an Australian logistics and infrastructure group providing port, bulk, logistics and supply chain services across diversified geographies and markets. The company has expanded through targeted acquisitions, enhancing its capabilities in automotive terminals, bulk handling, container logistics and related infrastructure in Australia and New Zealand.

Average Trading Volume: 5,740,992

Technical Sentiment Signal: Buy

Current Market Cap: A$8.85B

For detailed information about QUB stock, go to TipRanks’ Stock Analysis page.

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