DigiCo shares slip as 1H earnings miss estimates
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More news: DigiCo Infrastructure REIT saw its shares slide on the ASX despite swinging to a first-half profit and lifting FY26 guidance to the top end of its $120 million-$125 million range.
Shares were down 2.6% to $2.22 at 2:55pm AEDT, taking 12-month losses to 53.4%.
UBS analyst Tim Plumbe said first-half EBITDA missed consensus estimates by 5%. He had expected DigiCo to announce new customer offsets to the termination of a 2-megawatt defence contract terminating in September last year.
DigiCo swings to first-half profit, reiterates FY26 guidance
The news: HMC Capital’s DigiCo Infrastructure REIT swung to a first-half profit of $37.9 million, having delivered a $47.3 million loss in the prior corresponding period, after the data centre investor “materially accelerated” its capacity expansion at its Sydney-based site SYD1.
Underlying revenue grew 12% year on year to $108 million. Underlying EBITDA rose 15% to $57 million.
The company declared an interim dividend of 6 cents per share, in line with guidance. It also reaffirmed FY26 guidance, with underlying EBITDA expected to be at the top end of its $120-125 million range.
The source: ASX
