SGH CEO Ryan Stokes on company results, housing, energy and gambling ad restrictions | The Business

By ABC News (Australia)

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The SGH share price plunged nearly 10 percent after the company formerly known as Seven Group Holdings posted its FY26 results to the ASX. The diversified industrial conglomerate's results to the end of June show underlying net profit after tax of $920 million, down 0.4 per cent. Shareholders will receive a final franked dividend of 32 cents per share. SGH owns a number of businesses including Boral, Westrac, and Coates, and is a major stakeholder in Beach Energy and Southern Cross Media (the latter company recently merged with Seven West Media). SGH chief executive officer Ryan Stokes told ABC's The Business the reaction from investors "overplayed" the FY26 result and FY outlook. "Our businesses are in a good position. We know over time that will sort itself out and value will be realised. So we're more comfortable with how that will play through over the next two weeks, month(s)," he says. On the state of the economy, Mr Stokes describes it as "relatively robust" and beieves it ha

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