🔥 Wednesday 19 August 2026 Wed, 19 Aug 2026
58 Big Stories
BWP Group FY26 Profit Surges 54% as Internalisation and Lease Reset Bolster Growth
BWP Property Group posted a 54% jump in statutory net profit for FY26, driven by management internalisation, lease resets with Bunnings, and strategic acquisitions. Distributions rose 4.1%, with Moody’s upgrading the credit rating to A3 stable.
19 Aug
Eva Park
Stealth Group Doubles Profit on HBT Acquisition, Eyes $500m Sales by FY28
Stealth Group Holdings has posted record FY26 results with an 86% jump in net profit, driven by the transformative acquisition of Hardware & Building Traders. The company upgrades its FY28 sales target to $500 million, underpinned by expanded scale and integration synergies.
19 Aug
Logan Eniac
Wagners Posts 61% EBIT Growth on Cement and Composite Fibre Demand
Wagners Holding Company Limited (ASX:WGN) reported a 17% revenue increase to $504 million and a 78.5% surge in net profit after tax to $40.6 million for FY26, driven by strong growth in Construction Materials and Composite Fibre Technologies.
19 Aug
Victor Sage
Energy One Accelerates European Growth with $99.8m GMSL Acquisition
Energy One (ASX:EOL) reported a strong FY26 with 14% revenue growth and 38% profit rise, announcing a transformative $99.8 million all-scrip acquisition of Gas Management Services Limited (GMSL) that will deepen its European footprint and bring Fluxys onboard as a major shareholder.
19 Aug
Sophie Babbage
BCI Minerals Advances Mardie to Production with Salt Crystallisation and Strong Funding
BCI Minerals edges closer to first salt shipment at its Mardie Project, with crystallisation underway and 85% construction complete. The company maintains full funding and advances its sulphate of potash opportunity alongside robust sustainability initiatives.
19 Aug
Maxwell Dee
SCEE Reports 77.7% Profit Drop After $46m WestConnex Hit, Guides $100m EBITDA for FY27
Southern Cross Electrical Engineering’s FY26 underlying profits surged despite a $46.1 million WestConnex arbitration settlement dragging statutory net profit sharply lower. The group declared a record dividend and raised FY27 EBITDA guidance by 30%.
19 Aug
Victor Sage
Fletcher Building Returns to Profit with 26% EBIT Growth and $362m Debt Reduction
Fletcher Building (ASX:FBU) reversed its FY25 loss with a $228 million net profit in FY26, driven by a 26% rise in EBIT and a $362 million reduction in net debt amid portfolio simplification and operational improvements.
19 Aug
Victor Sage
Mirvac Group Posts 896% Profit Surge with $508m Operating Profit and $200m Buy-Back
Mirvac Group delivered a robust FY26 with a 7% rise in operating profit to $508 million, a staggering 896% jump in statutory profit to $677 million, and announced a $200 million on-market buy-back, signalling confidence in its growth trajectory.
19 Aug
Eva Park
Turners Automotive Posts Record FY26 Profit, Eyes $100M NPBT by FY31
Turners Automotive Group delivered record FY26 results with a 14% dividend rise, underpinned by strong growth in Auto Retail, Finance, and Insurance despite geopolitical headwinds.
19 Aug
Victor Sage
EBOS completes $360m investment cycle with $13.5b revenue, eyes mid-single digit growth
EBOS Group posted a solid FY26, growing revenue nearly 10% to $13.5 billion and underlying EBITDA 5% to $614 million, while completing a major distribution centre renewal program. The company maintains its final dividend and sets a confident growth outlook for FY27.
19 Aug
Ada Torres