ASX:VGNAirlines
Virgin Australia Holdings (ASX:VGN) Shares Eye Dividend After Margin Gains
Virgin Australia Holdings walked into this result priced like a problem stock, trading on a low P/E and drifting over the past month. Yet the market closed today with the shares at A$2.77 after a week in positive territory. The headline is simple. The airline produced A$6.3b in revenue for FY26, converted that into A$753m of underlying EBIT and A$501m of net profit, and lifted its underlying EBIT margin to 12%. On top of that, investors are now staring at a fully franked inaugural dividend of...