Latest Strategy Changes News

CSL Limited reported robust FY25 results alongside a sweeping strategic overhaul, including a major cost-saving program and plans to spin off its vaccine unit CSL Seqirus as a standalone ASX-listed company.

Mercury NZ Limited reported a 10% decline in earnings for FY2025 amid challenging generation conditions but is pressing ahead with significant renewable energy investments and raised dividends.

RWC reported a 5.5% increase in FY25 net sales driven by the Holman acquisition, while adjusted EBITDA edged up 1.1% amid margin pressures. The company warns of tariff-related cost impacts in FY26, offset by ongoing cost savings and strategic adjustments.

Reliance Worldwide Corporation reports a solid 5.5% sales increase and a 13.5% rise in net profit for FY25, boosted by the Holman acquisition, while cautioning on tariff impacts ahead.

Reliance Worldwide Corporation reported a solid 5.5% revenue increase and a 13.5% rise in net profit for FY25, driven by the full-year impact of its Holman Industries acquisition and strategic capital returns.

Judo Capital Holdings delivered a robust FY25 with strong loan and deposit growth, improved profitability, and a strategic technology upgrade, setting the stage for ambitious FY26 targets.

Judo Bank reported a robust 24% increase in statutory net profit after tax for FY25, driven by strong loan book growth and operational efficiencies. The bank projects even stronger profit growth in FY26, underpinned by strategic expansion and technology upgrades.

Judo Capital Holdings Limited reported a robust FY25 with a 16% loan book expansion and a 14% rise in underlying profit before tax, underpinned by operational leverage and strategic regional growth.

Platinum Asia Investments Limited (PAI) shares have been suspended following Federal Court approval of a scheme exchanging all shares for units in the Platinum Asia Fund Complex ETF (PAXX). This marks a significant structural shift for PAI investors.

European Metals Holdings has secured a crucial funding pathway to complete the Definitive Feasibility Study for its Cinovec Lithium Project, combining a A$3 million placement with non-dilutive refinancing options to meet its €5.39 million share of a €11 million cash call.

Citigroup Global Markets Australia has declared a partially franked dividend of AUD 0.31 for QBE CitiFirst Self-Funding Instalment MINI warrants, set to reduce outstanding loan amounts and begin trading ex-dividend on 19 August 2025.

Lake Resources has successfully raised up to A$12 million through a strongly supported placement, bolstering its financial position to advance the Kachi lithium project in Argentina.