Logistics giant Qube Holdings (ASX:QUB) has delivered a performance for the first half of the 2026 fiscal year, reporting record-breaking underlying results driven by strategic acquisitions and a diversified market presence.
Underlying revenue climbed 12.9% to $2.36 billion, while underlying earnings saw a robust nearly 10% increase, reaching $196.3 million.
The company's statutory figures were even more dramatic, with net profit after tax skyrocketing by 101.1% to $212.6 million.
The massive leap was bolstered significantly by the sale of a 202-hectare land parcel in Beveridge, Victoria, which contributed a $101.5 million pre-tax profit.
Shareholders have plenty to celebrate as the board declared an interim dividend of 5.35 cents per share, marking a substantial 30.5% increase over the previous period.
Managing Director Paul Digney attributed the success to Qube’s "proven ability to deliver reliable logistics services" and the strength of its recent geographical expansions.
Key contributors to this growth included high-profile acquisitions such as AAT Webb Dock West, Coleman, the ABH bulk handling facility, and Nexus Logistics in New Zealand.
At the time of reporting, Qube Holdings' share price was $5.06.