FY25 prelims confirm margin expansion and strong cash position. With improving mix and M&A optionality, QBY is set to outperform in FY26. BUY confirmed; valuation remains highly attractive.
30 Jan 2026
Strong Q4 as FY25p is largely in line with est.
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Strong Q4 as FY25p is largely in line with est.
FY25 prelims confirm margin expansion and strong cash position. With improving mix and M&A optionality, QBY is set to outperform in FY26. BUY confirmed; valuation remains highly attractive.