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Minelab
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Codan (ASX: CDA) forecasts at least A$162m first-half profit as defence communications demand accelerates
Codan has reaffirmed expectations for a substantial first-half earnings increase, supported by demand for communications systems used in unmanned platforms, while warning that future orders and electronic component availability remain uncertain.
Codan (ASX: CDA) rockets 24% as H1 profit nears its entire FY26 result
Codan expects at least A$160 million of first-half FY27 profit after tax as conflict-region communications demand drives a dramatic revenue and margin surge, but the stock’s record close leaves investors confronting an equally dramatic expectations reset.
Codan (ASX: CDA) share price falls 8% on profit-taking after FY26 EBIT upgrade and 30% margin milestone
Codan upgraded FY26 EBIT to A$235m and hit a 30% margin a year early. The stock still trades at 40x forward PE. August earnings tests the premium.