The Star Entertainment Group (ASX:SGR) has released its unaudited results for the half year ended Dec. 31, 2025, revealing a period of leadership transition and financial pressure.
Following the appointment of Bruce Mathieson Jnr as Group CEO in December 2025, the company has initiated a comprehensive restructure of its operations and marketing strategy.
Mathieson noted that the corporate office is being "streamlined" to manage essential support functions at the property level in Sydney, Gold Coast, and Brisbane to "strengthen our financial position."
The group reported a normalised revenue of $584.9 million and a normalised EBITDA loss of $7.6 million.
The statutory net loss for the period reached $109.7 million, which includes $34 million in post-tax items.