Aristocrat Leisure reported robust FY25 results with revenue up 11% to $6.3 billion and a 12% rise in normalised net profit after tax before amortisation. The company boosted dividends by 19% and completed key acquisitions and divestitures, positioning itself for future growth.
Neometals has agreed to sell its 50% stake in the lithium-ion battery recycling joint venture Primobius to SMS Group for €5 million upfront plus future royalties, marking a strategic pivot away from capital-intensive projects.
Swoop Holdings confirms its support for Vonex Limited’s acquisition by Maxo Telecommunications, planning a full exit that frees capital for new growth opportunities.
Swoop Holdings confirms its support for Vonex Limited’s proposed acquisition by Maxo Telecommunications, planning to vote its 22.8% stake in favour and secure a $6.17 million cash exit.
Dexus Convenience Retail REIT reported solid half-year results for FY25, maintaining distribution guidance while enhancing portfolio quality through strategic divestments and commencing a major redevelopment at Glass House Mountains.
New Frontier Minerals Limited has reshaped its portfolio by divesting the Cangai Copper Mine and acquiring the highly prospective Harts Range Project, positioning itself at the forefront of critical mineral exploration.