Codan Ltd

CDA: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Codan Earnings: Set Up for Another Stellar Year

Esther Holloway , Leo Wang

Aug 20, 2026

Codan's fiscal 2026 EBIT rose 67% to AUD 244 million on 30% revenue growth, driven by strong demand across its communications and metal detection businesses, and margins expanded to 31% and 45%, respectively, on operating leverage. Shares rallied 12%.

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Codan Ltd

Codan Earnings: Set Up for Another Stellar Year

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