Latest Agm News

Fleetwood enters FY27 with a stronger Community Solutions business, a $61.5 million net cash position and a plan to restore Building Solutions to profitability in the second half. The key tests are completing the Red Dog Village acquisition and proving its manufacturing reset can overcome a $8.7 million underlying loss.

Kelsian Group has entered FY27 after a record financial year, the $149.9 million sale of its Tourism Portfolio and a sharp reduction in leverage. But the transport operator is also awaiting an independent review into a fatal June bus incident as it pursues fresh international growth.

Saunders International says it expects revenue growth and sustained second-half margin improvement in FY27 after reporting record FY26 revenue of A$305.6 million. Its opportunity pipeline reached A$5.1 billion, although converting that pipeline into profitable work remains the central test.

TALi Digital has appointed William Hamilton as chief executive and managing director, placing the former DigitalX executive at the centre of its Datasphere commercialisation push. The leadership change also moves Dr David Brookes to non-executive chair and includes a proposed performance-rights package subject to shareholder approval.

IDP Education has reaffirmed FY27 Adjusted EBIT guidance of A$95 million to A$115 million after using cost control, stronger yields and cash generation to cushion another sharp fall in international student volumes. The AGM also disclosed that the board had rejected an unsolicited acquisition proposal and had completed about A$11 million of a planned A$50 million buyback.

Centuria Capital Group delivered record assets under management and double-digit operating earnings growth in FY26, while setting a 14% operating profit growth target for FY27. The next test is whether ResetData can convert its expanding AI infrastructure pipeline into revenue without diluting the strength of the property platform.

Amotiv has cut its FY27 revenue and underlying EBITA outlook by up to 5% after first-quarter revenue fell 5% on weaker vehicle demand and Thailand flooding. The ASX-listed automotive parts group will nevertheless launch another buyback of up to 5% of its shares, betting its depressed valuation will recover.

Perseus Mining delivered 92,551 ounces in the September quarter, exceeding its Q1 FY27 production plan while retaining full-year guidance. The bigger catalyst is Nyanzaga, now 88.4% complete and still targeting first gold in January 2027, as the company expands shareholder returns.

Cochlear has reaffirmed FY27 underlying net profit guidance of $330 million to $350 million after a disappointing FY26, while pointing to strong Nexa adoption and progress on fully implantable hearing technology. The company is cutting fixed costs and expanding medical referral pathways as it seeks to convert a large pool of untreated adult hearing loss into growth.

BlueScope Steel has raised its 1H FY2027 underlying EBIT guidance to approaching $1.1 billion, well above its previous $860 million to $960 million range. Stronger US steel spreads are driving the upgrade, with Australian demand also exceeding expectations.

NEXTDC will search for a new chairman and independent director after acknowledging investor disappointment over the M3 Melbourne power delay and revised FY27 guidance. The company has also withdrawn proposed increases to director fees and the CEO’s FY27 incentive package.

Venari Minerals has lodged a prospectus for up to 8.14 million free options linked to its $6.1 million capital raising, with no immediate proceeds but almost $1 million possible if exercised. A separate 326,250-option allocation to directors now depends on fresh shareholder approval at the November AGM.