Mullen Group Q2 FY26 net income rises 40.6% to $36 million; revenue increases 12.6% to $609.3 million

Reuters2026/07/23 08:01

By:Reuters

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Mullen Group posted Q2 net income of $36 million, up 40.6% year over year; revenue rose 12.6% to $609.3 million.
Operating income before depreciation and amortization climbed 35.6% to $103.9 million, as June marked its best month in years.
OIBDA-adjusted (non-IFRS) increased 21.8% to $102.1 million; OIBDA-adjusted margin widened 1.3 percentage points to 16.8%.
Board lifted the 2026 capital program by $50 million, citing improving demand signals and continued support for acquisitions under strict guidelines.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mullen Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607230400PRIMZONEFULLFEED9766777) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mullen Group Q2 FY26 net income rises 40.6% to $36 million; revenue increases 12.6% to $609.3 million

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