Adore Beauty Group Ltd Posts Record EBITDA and EBIT, Sets FY26 Targets

Adore Beauty Group reported a 1.6% increase in revenue to $198.8 million, a 67% rise in EBITDA to $8.1 million, and a 74.8% increase in EBIT to $4 million in FY25. Gross margins reached a record 35.3%. The company opened four retail stores and plans to open three more in early FY26 and four additional stores under construction. Adore Beauty aims for EBITDA margins of 5% to 6% and EBIT margins of 2.5% to 3.5% in FY26.

Australian mining giant BHP has reported a significant milestone in its FY25 financial performance, driven largely by its copper production and strategic investments. The company produced over 2 million tonnes of copper for the first time, a 28% increase over the past three years [1]. This growth was instrumental in offsetting lower prices in iron ore and coal, demonstrating copper's critical role in BHP's financial outcomes.

BHP's copper division saw its EBITDA soar by 43.9% to US$12 billion, highlighting copper's vital contribution to the company's earnings [1]. Overall, BHP's revenue hit US$51.3 billion, with underlying EBITDA at US$26 billion and a 53% margin. Profits stood at US$10.2 billion, while free cash flow totaled US$5.3 billion after US$9.8 billion in capital and exploration expenditures [1].

Looking ahead, BHP plans to invest US$11 billion annually in copper for FY26 and FY27, stabilizing at around US$10 billion per year from FY28 to FY30 [1]. Key projects include the Escondida Expansion in Chile, which aims to boost output by 22%, and the Copper South Australia project, which could double production [1]. These initiatives will strengthen BHP's ability to meet the rising global demand for copper, which is estimated to reach 5.5 million tonnes annually by 2030 [1].

BHP's strategic focus on copper extends beyond production and investment. The company is also committed to sustainable practices, aiming to cut its operational greenhouse gas emissions by at least 30% from FY20 levels by FY30, and reach net zero by 2050 [1]. BHP's NeoSmelt Electric Smelting Furnace pilot has reached the feasibility stage, and the company is exploring various low-carbon shipping methods and technologies [1].

In contrast, Adore Beauty Group reported a 1.6% increase in revenue to $198.8 million, a 67% rise in EBITDA to $8.1 million, and a 74.8% increase in EBIT to $4 million in FY25 [2]. The company's gross margins reached a record 35.3%, and it opened four retail stores with plans to open three more in early FY26 and four additional stores under construction. Adore Beauty aims for EBITDA margins of 5% to 6% and EBIT margins of 2.5% to 3.5% in FY26 [2].

References:
[1] https://carboncredits.com/bhp-mines-2-million-tonnes-of-copper-in-fy25-boosting-ev-and-renewable-growth/
[2] [URL to Adore Beauty Group's FY25 Report]