Codan’s defence and gold engines set up another growth year

• FY26 revenue rose 30% to $875.0 million and NPAT climbed 69% to $175.2 million
• Communications orderbook expanded 50% to $380 million, with unmanned systems revenue more than doubling to approximately $215 million
• Metal Detection revenue increased 42% to $362.0 million, helped by new GPZ8000 and Gold Monster 2000 products
• Codan finished FY26 with $35.7 million net cash and paid a fully franked 48.5 cents per share dividend