Codan Ltd

CDA: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Codan: Turning Military Spending Into a War Chest

Esther Holloway

Apr 29, 2026

Codan now expects fiscal 2026 EBIT of approximately AUD 235 million, up 60% from fiscal 2025, on higher sales and better margin, mostly for its unmanned drone radio product. Shares rose 15%.

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Codan Ltd

Codan: Turning Military Spending Into a War Chest

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