Codan posts strong first-half FY26 revenue and profit growth

Codan (ASX:CDA) Takes Off, 30% Rally on Strong Half-Year Update

Codan Finds Its Signal Over the past week, Codan Limited (ASX:CDA) has surged by around 30%. For a company with a market capitalisation above A$5 billion, this represents a meaningful re rating by the market. Today’s trading update helps explain why. Codan reported group revenue of A$394 million, up 29% on the prior period, indicating…

Codan posts strong first-half FY26 revenue and profit growth

The Codan Ltd (ASX: CDA) share price is in focus today after the company reported group revenue of about $394 million for the first half of FY26, up 29% on the same time last year. Underlying net profit after tax is expected to exceed $70 million, roughly 52% higher than the previous period. What did Codan report? First-half FY26 group revenue: ~$394 million, up 29% year-on-year Underlying net profit after tax: not less than $70 million, up ~52…