FY25 Full Year Results

16 Sep 2025
Investors

Strong operational performance and continued shareholder returns

 

Highlights1

  • Group saleable coal production of 10.7Mt (2024: 9.1Mt), an increase of 18.1 per cent compared to the previous year and within the 2025 financial year guidance range.
  • Group Free on Board (FOB) cash costs2 of $82.4/t (2024: $90.0/t), an 8.4 per cent reduction supported by increased coal production and disciplined cost control.
  • Underlying EBITDA3 of $765.8 million (2024: $859.9 million).
  • Net profit after tax of $439.4 million (2024: $475.9 million).
  • Net cash flow from operating activities of $570.8 million (2024: $562.0 million), and available cash4 of $707.3 million (2024: $824.5 million).
  • 2025 fully franked final dividend declared of 15.0 cents per ordinary share payable to shareholders on 8 October 2025.
  • Announcement of Dividend Reinvestment Plan (DRP) to provide shareholders with additional optionality.

New Hope Corporation Limited (ASX:NHC) (the Company or New Hope) has today released its full year results for the 2025 financial year, confirming another strong increase in saleable coal production as the Company continues to execute its organic growth plans.

During the year, Bengalla Mine delivered 7.9Mt in coal sales (2024: 7.8Mt) and reduced its unit cost of production despite being impacted by significant weather events and logistics constraints in the Hunter Valley.

New Acland Mine delivered another increase in saleable coal production as the ramp-up of Stage 3 continues. In addition, the conclusion of the Oakey Coal Action Alliance’s legal challenge provides certainty for the community and a pathway to reach production of ~5Mtpa.

During the year, New Hope increased its equity interest in Malabar Resources Limited by 3.00 per cent to 22.98 per cent, further growing exposure to high-quality metallurgical coal in alignment with the Company’s strategy of investing in low-cost coal assets with long-life approvals.

Despite external operating challenges and a lower coal price environment, the Company’s increased coal production and disciplined cost control has enabled the Board to declare a fully franked final dividend of 15.0 cents per ordinary share.

Comments from New Hope Group Chief Executive Officer Rob Bishop:

“Despite navigating logistics constraints, periods of wet weather and a lower coal pricing environment, we’ve delivered a strong performance for the 2025 financial year.”

“The continued execution of our organic growth plans has provided another considerable increase in saleable coal production, which has underpinned the reduction in our unit costs.”

“In a low coal price environment, our assets remain resilient and continue to generate solid margins through the cycle, allowing us to provide continued returns to our shareholders.”

“As a result of our performance, we are able to reward shareholders with a fully franked final dividend of 15.0 cents per ordinary share. In addition, we are pleased to announce the introduction of a Dividend Reinvestment Plan that provides shareholders additional optionality regarding the payment of dividends.”

“Looking forward, we are focused on remaining a resilient, low-cost coal producer and continuing to execute our organic growth plans, which will enable us to continue to deliver shareholder value.”

 

Announcement of a Dividend Reinvestment Plan


The Company announces that it has established a Dividend Reinvestment Plan (DRP). The DRP will apply for the FY25 final dividend and will remain in place until further notice. The DRP for the FY25 final dividend will not be underwritten.

The DRP provides eligible shareholders with the opportunity to reinvest dividends on all or part of their shareholding to acquire additional shares in the Company. Eligible shareholders with a registered address in Australia or New Zealand at the dividend record date (refer to key dates below), who do not hold shares on behalf of a foreign registered shareholder, are able to participate in the DRP.

The DRP Booklet, comprising the DRP Rules and frequently asked questions regarding the DRP, was separately released by the Company on the ASX on 16 September 2025. Details of the DRP and the DRP Rules are also available on the Company’s website at https://newhopegroup.com.au/investors/.

Shareholders should carefully read the DRP Rules and seek their own financial, legal and/or tax advice before deciding whether to participate in the DRP.

Election forms from eligible shareholders wishing to participate for the FY25 final dividend must be received by 5.00pm (AEST) on Wednesday, 24 September 2025. Elections can be made online using the Investor Centre on the Company’s Share Registry website at https://www-au.computershare.com/. Alternatively, eligible shareholders can provide a paper DRP election notice, which can be obtained from the Company’s Share Registry.

A summary of all key dates regarding the FY25 final dividend and DRP are available on the Company’s website at https://newhopegroup.com.au/investors/key-dates/. 

If you have any questions in relation to the DRP, please contact the Company’s Share Registry on 1300 850 505 (within Australia) or +61 3 9415 4000 or via https://www-au.computershare.com/.

1 Figures reflect New Hope Group equity interest basis.

2 Free on Board cash cost (excluding state royalties and trade coal) per sales tonne.

3 Underlying earnings before interest, tax and depreciation and amortisation (EBITDA) is a non-IFRS measure.

4 Includes cash and cash equivalents and fixed income investments, which are reported as other financial assets.

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