Latest Mayfield (ASX:MYG) News

Small-cap resources stocks led the week, while takeover activity and strong company results added to the gains. Wellnex Life more than doubled, but sharp falls in Trek Metals and Ionic Rare Earths showed that positive news did not always bring buyers.

Mayfield Group Holdings has finalized its acquisition of Nilsen's Switchboards Division, adding skilled staff and new product lines to boost manufacturing capacity and revenue growth prospects for FY27.

Mayfield Group Holdings is set to acquire Nilsen's Switchboards Division for $4 million, adding 66 skilled employees and the N-Series product platform to boost manufacturing capacity and revenue.

Mayfield Group Holdings Ltd has reported a striking 52.8% increase in revenue and a 127.6% jump in profit for the half-year ending December 2025, driven by manufacturing growth and strategic acquisitions.

Mayfield Group Holdings has announced the acquisition of SMEC Power & Technology for up to $30 million, marking its entry into underground mining electrical infrastructure and international markets.

Mayfield Group Holdings has forecast a significant jump in net profit after tax for the half year ending December 2025, signalling strong momentum in Australia's critical electrical infrastructure sector.

Mayfield Group Holdings has acquired a strategic industrial property adjacent to its BE Switchcraft operations, enabling operational synergies and capacity expansion to support a $30 million contract pipeline.

Mayfield Group Holdings has successfully closed an oversubscribed share purchase plan, raising over $5 million against a $3 million target, prompting a pro rata scale-back for larger applications.

Mayfield Group Holdings has completed a $30.5 million private placement and launched a $3 million share purchase plan to fund growth initiatives, including acquisitions and capacity expansion.

Mayfield Group Holdings has landed a pivotal $20 million contract for the Brigalow Gas Peaking Plant in Queensland, pushing its FY26 contract awards to $37 million and reinforcing its role in Australia's energy transition.

Mayfield Group Holdings has raised its fully franked final dividend to 2.2 cents per share for FY25, reflecting solid financial health and promising ongoing shareholder returns.

Mayfield Group Holdings Ltd has reported a landmark financial year with revenues soaring nearly 38% and profits climbing over 32%, driven by strong demand in Data Centres and AI infrastructure sectors.