♟️ Wednesday 19 February 2025 Wed, 19 Feb 2025
10 Move Signals
Santos Reports $1.224B Profit, Advances CCS and Climate Goals Amid Production Dip
Santos Limited's 2024 Annual Report reveals a 5% drop in production and a 9% fall in sales revenue, offset by progress in carbon capture and storage projects and emissions reductions. The company posted a net profit of $1.224 billion, down 14% from 2023.
19 Feb
Maxwell Dee
Goodman Group Raises $4 Billion to Accelerate $10 Billion Data Centre Expansion
Goodman Group reports a robust 8% increase in 1H25 operating profit to $1.22 billion and launches a $4 billion equity placement to fund its ambitious data centre growth strategy across global metro hubs.
19 Feb
Eva Park
Goodman Group Posts 8.4% Operating Profit Rise, Plans $4 Billion Capital Raise
Goodman Group delivered a robust half-year performance with operating profit up 8.4% and statutory profit swinging to a $799.8 million gain. The industrial property giant also announced a $4 billion equity raise to fuel its expanding data centre and logistics developments.
19 Feb
Eva Park
Cleanaway Posts 12% EBIT Growth, Eyes $450m Target in FY26
Cleanaway Waste Management Limited reported a robust first half of FY25 with double-digit EBIT growth and margin expansion, reinforcing confidence in meeting FY25 guidance and ambitious FY26 targets despite operational challenges.
19 Feb
Maxwell Dee
Corporate Travel Management Delivers Robust 1H25 Growth and Returns $52M to Shareholders
Corporate Travel Management Limited reported strong half-year results for the period ending December 31, 2024, with significant EBITDA growth and effective capital management, returning $52.3 million to shareholders. The company sets ambitious FY25 and FY26 targets focused on sustainable profit growth and market share expansion.
19 Feb
Victor Sage
Iluka Advances Rare Earths Refinery Amid 32% Profit Decline in 2024
Iluka Resources reported a 32% drop in net profit after tax to $231 million for 2024, while securing critical funding for its Eneabba rare earths refinery and progressing the Balranald mine development.
19 Feb
Maxwell Dee
EBOS Names Adam Hall as CEO, Ushering in New Growth Era
EBOS Group Limited announces the retirement of CEO John Cullity after a decade of strong growth, appointing Adam Hall as his successor to lead the company’s next phase of expansion.
19 Feb
Ada Torres
EBOS Group Reports Profit Dip Amid Revenue Decline, Holds Dividend Steady
EBOS Group Limited’s interim results for H1 2025 reveal a notable decrease in revenue and profit compared to the prior year, yet the company maintains its interim dividend, signaling confidence despite headwinds.
19 Feb
Ada Torres
EBOS Delivers Robust 7% Underlying EBITDA Growth Despite Contract Loss
EBOS Group Limited posted a strong half-year performance with underlying EBITDA up 7.1% to $291 million, driven by growth in healthcare and animal care segments, while maintaining its interim dividend amid the loss of the Chemist Warehouse contract.
19 Feb
Ada Torres
Fletcher Building Navigates Market Slump with $700m Capital Raise and Cost Cuts
Fletcher Building reported a challenging HY25 with a 7% revenue decline and a net loss of NZ$134 million, while executing a $700 million equity raise to strengthen its balance sheet and advancing significant cost reduction initiatives.
19 Feb
Victor Sage