Highlights 

  • FY26 Earnings upgraded with Statutory EPS 29c (+31%) and Underlying EPS 32c (+47%) vs FY25
  • Around $7 million in new contracts secured across energy, Mining, and infrastructure projects
  • Strong Capital return program with up to $7 million buyback and improving utilisation metrics

Overview

Boom Logistics Limited (ASX:BOL) has upgraded its FY26 guidance following a strong Q3 performance, reflecting sustained Demand across mining, energy, and infrastructure sectors. The company now expects higher earnings growth, with underlying EPS significantly exceeding prior forecasts, supported by new contract wins worth approximately $7 million. Operational performance remains solid, with improved labour efficiency and asset utilisation driving Margin stability. Strategic exposure to energy transition projects, including wind and transmission infrastructure, is strengthening long-term visibility. Alongside earnings upgrades, Boom is accelerating capital returns through an expanded share buyback program, reinforcing Shareholder value while maintaining a disciplined Balance Sheet and controlled capex outlook.

Mining & Energy Demand Driving Strong Contract Pipeline

Boom Logistics Limited continues to benefit from robust demand across mining and energy infrastructure projects, securing approximately $7 million in new contracts during the quarter. Key wins include support for transmission networks, wind farm developments in Victoria, and mining operations across Western Australia. These projects strengthen forward utilisation and provide greater earnings visibility into FY27. The company’s exposure to both traditional mining and renewable energy infrastructure positions it to benefit from ongoing Investment/">Capital Investment cycles, particularly in energy transition and resource expansion projects across Australia.

Operational Efficiency & Capital Returns Strengthen Outlook

Operational performance at Boom Logistics Limited improved further, with labour efficiency rising to 88% and asset utilisation also reaching 88%, supported by better fleet deployment and workforce scheduling. Fuel cost pressures linked to geopolitical tensions have been largely mitigated through contractual pass-through arrangements. The company is also advancing its capital management strategy, targeting 40%–60% of operating NPAT returns through dividends and Buybacks. With $4.2 million already completed under its buyback program and further returns planned, Boom is reinforcing shareholder value while maintaining investment capacity for future growth.