Latest Industrial News

Whitefield Industrials updates its dividend details for the half-year ending March 2026, confirming a fully franked dividend of 10.5 cents per share and setting reinvestment plan prices at AUD 4.57 without discounts.

IPD Group signals a strong FY26 with EBITDA guidance up 18% and robust revenue growth, underpinned by acquisition integration and operational efficiencies.

MAAS Group Holdings reconfirms FY26 EBITDA guidance, reports 35% completion on a $200 million AI factory electrical contract, progresses $1.7 billion construction materials sale, and expands debt facilities to support growth.

Janus Electric has raised A$4.5 million through a discounted private placement, aiming to accelerate battery supply, truck production, and certification efforts across Australia and North America.

Janus Electric has begun generating export revenue in the US while expanding its electric truck fleet to 28 vehicles and significantly improving its cash position through a $1.4 million R&D tax refund and a $2.75 million finance facility.

Babylon Pump & Power’s shares remain suspended from ASX trading as the company delays disclosure of a material transaction and capital raising, prolonging market uncertainty beyond the initial deadline.

Babylon Pump & Power (ASX: BPP) has voluntarily suspended trading as it negotiates a major acquisition and capital raise that could significantly expand its operations. The suspension aims to prevent uninformed market activity while details remain uncertain.

Coventry Group reported a modest 1.4% rise in Q3 FY26 sales but delivered a striking 72% EBITDA jump in March, driven by operational improvements and cost efficiencies. The upcoming Steelmasters integration promises further upside.

EVZ Limited has upgraded its banking facilities by replacing Commonwealth Bank with HSBC, expanding total committed credit to $15.5 million. The new arrangements offer improved terms and greater financial flexibility to support growth across its Energy & Resources and Building Products divisions.

Monadelphous Group Limited has updated its dividend announcement, confirming a fully franked ordinary dividend of 49 cents per share and setting the Dividend Reinvestment Plan price at $27.36. The payment is scheduled for late March, offering shareholders a no-discount DRP option.

Supply Network Limited has forecast a solid half-year profit of $22.9 million alongside a fully franked interim dividend of 36 cents per share, signalling steady performance in its supply chain operations.

Reece Limited has increased its on-market share buyback target by $50 million, raising the total to $85 million as part of its disciplined capital management strategy.