C A Z E N O V E FY'26 First Take: P&L and new guidance broadly in line with dividend beating consensus, strategic continuity from new CEO (44-20) 7742-6729 dominic.j.okane@jpmorgan.com J.P. Morgan Securities plc Our Take – P&L in line, guidance broadly in line, with new CEO maintaining focus on operational discipline & copper growth: FY'26 EBITDA of $32.9bn is a 2% beat vs VA consensus ($32.4bn) and -1% JPMe ($33.3bn); $13.1bn underlying NPAT is +4% cons. and -2% JPMe. CFO was in line vs JPMe and +3% vs con ...