BWA | JUL | 2026

BWA | JUL 2026 43 Rebuilding Momentum Through Scale, Channel Diversity and a Broader Homebuilding Platform Simonds is one of the clearest listed names available when looking for publicly traded Australian residential homebuilders of meaningful scale. The company’s website says the Simonds story began with founder Gary Simonds and now stretches back more than 75 years, while its latest half-year reporting describes Simonds Homes as one of Australia’s largest volume homebuilders, with display homes across Victoria, Queensland and South Australia. That heritage gives the business a strong foundation, but what makes Simonds more relevant now is the way it appears to be evolving beyond a classic volume-builder identity into a broader multi-channel housing platform. That broader platform is visible in the current product and channel mix. Simonds said in its 1HFY26 report that it operates across single- and double-storey detached homes, medium-density developments and dual-occupancy projects, servicing customers in metropolitan state-capital markets and major regional cities. This is an important shift in emphasis. Instead of presenting itself solely as a traditional detached-home builder, the company is leaning harder into adjacent housing formats that better reflect affordability pressures, smaller lots, denser urban conditions and the growing need for more flexible residential supply across multiple buyer groups. The 1HFY26 numbers suggest that strategy has already begun to generate stronger momentum. Simonds reported group revenue of $362.8 million, up 14.1% year on year, together with EBITDA of $17.9 million and group NPAT of $3.0 million. The company attributed that revenue growth primarily to a higher number of jobs under construction, reflecting both the contribution from Dennis Family Homes (DFH) and

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