Latest Contract Extensions News

Kelsian Group Limited reported a solid 10% increase in revenue for FY25, alongside operational growth and a maintained dividend policy, while advancing sustainability initiatives and strategic portfolio adjustments.

Johns Lyng Group delivered steady FY25 financial results with revenue growth and strong core operations, while securing a $1.1 billion acquisition offer from Pacific Equity Partners.

Camplify Holdings has expanded its partnership with the NSW Government to provide caravans for flood-impacted residents, supporting housing recovery in the Mid North Coast and Hunter regions.

GR Engineering Services Limited has reported a robust FY25 financial performance with increased revenue, profit, and dividends, supported by a solid order book and ongoing major projects.

Wrkr Ltd reported a 10.8% revenue increase to $10.63 million and narrowed its net loss to $2.62 million for FY2025, while securing $15 million in fresh capital to accelerate growth amid upcoming PayDay Super reforms.

Po Valley Energy and its partners have inked a 12-month gas sales agreement with Hera Trading, marking a strategic shift from BP Gas Marketing and reinforcing local ties in Italy’s energy sector.

VEEM Limited’s FY25 results reveal a challenging year with revenue down 15%, yet a strong second half turnaround driven by cost cuts and efficiency gains. The company also secured a significant $65 million contract extension and new supplier status for a major US submarine program.

VEEM Ltd posted a 15% revenue decline and a 57% net profit drop for FY25, reflecting cyclical defence contract impacts. The company secured a $65 million ASC contract extension and continues investing in R&D and automation to drive future growth.

Papyrus Australia has signed a binding term sheet with TBS Mining Solutions to produce a biodegradable version of the Collar Keeper®, marking a major step in sustainable mining innovation.

Service Stream Limited reported solid FY25 results highlighted by double-digit profit growth, a strengthened balance sheet, and a significant increase in contracted works, setting the stage for continued momentum in FY26.

Emeco Holdings Limited reported a robust FY25 with significant earnings growth, margin expansion, and improved cash flow, setting a confident stage for FY26. The company’s strategic focus on operational efficiency and technology-driven services underpins its positive outlook.

Aurizon Holdings reported a 3% decline in underlying EBITDA and a 14% drop in NPAT for FY2025, while unveiling a $150 million on-market buy-back and a $500 million subordinated notes issuance to strengthen its balance sheet.