Johnson Electric reports results for the year ended 31 March 2026
- Written by Viw Magazine
Highlights of FY25/26 Results
- Group sales US$3,650 million – up 0.1% compared to the prior year; a decrease of 2% on a constant currency basis
- Gross profit US$840 million or 23.0% of sales (compared to US$843 million or 23.1% of sales in the prior year)
- Adjusted EBITA US$287 million or 7.9% of sales (compared to US$344 million or 9.4% of sales in the prior year)
- Net profit attributable to shareholders totalled US$202 million – a decrease of 23% compared to the prior year
- Net profit, excluding non-cash unrealized currency movements, restructuring costs, impairment of certain intangible assets, and adverse fair value movements in investments, declined by 13% to US$234 million
- Free cash flow from operations totalled US$217 million compared to US$286 million in the prior year
- A recommended final dividend of 44 HK cents per share (5.64 US cents)
- As of 31 March 2026, cash reserves amounted to US$902 million (compared to US$791 million at the prior year end); and the ratio of total debt to capital was 10%
