Global marketsUpdated 16h ago
DAE revenue and pre-tax profit rose, but cash flow fell
DAE reported higher revenue and profit for the first nine months of 2026, but the gains came with a narrower margin and lower operating cash flow. Revenue reached $1.4469 billion, up 13.2% from $1.2777 billion a year earlier. Profit before tax and exceptional items rose 8.8%, to $370.7 million from $340.8 million. Operating cash flow, meanwhile, fell 3.5% to $1.0881 billion, and the adjusted pre-tax margin slipped from 26.7% to 25.6%. The $9 billion Macquarie AirFinance acquisition closed at the end of July; by September 30, DAE’s assets had grown to $26.8 billion from $16.5 billion at the end of 2025.
2 publishers2 reports
Coverage started November 10