Latest Cost Management News

Prophecy International has launched a sweeping global organisational restructure that will slash its workforce by approximately 48%, aiming to realign operations and reduce costs ahead of its FY26 results.

Bravura Solutions plans to list on the London Stock Exchange's AIM market by late July 2026, aiming to tap into UK and European institutional investors while maintaining its ASX primary listing.

Resouro Strategic Metals has unveiled a robust Preliminary Economic Assessment for its Tiros Titanium and Rare Earths Project, signalling a post-tax NPV of US$715 million and a 44.2% IRR over 20 years. Meanwhile, binding agreements for mining and processing at the Novo Mundo Gold Project promise to unlock additional value.

Radius Residential Care boosted its profit before tax by 37% to $14.3 million in FY26, driven by strong operational performance and strategic acquisitions. The group now operates over 2,000 beds across 25 care homes and four villages, with a focus on high-acuity care and diversified services including home support and catering.

ArborGen Holdings reported a solid FY26 with record revenue driven by Brazil expansion and a 31% EBITDA increase, offsetting a challenging US market. Leadership changes and operational discipline mark the company’s path forward.

Cluey Ltd plans to voluntarily delist from the ASX, citing thin trading volumes, undervaluation, and cost savings of around A$500,000 annually. Shareholders will vote on the proposal in August 2026, alongside a small parcel buy-back and the closure of its UK subsidiary Code Camp.

Spenda Limited has accelerated its strategic turnaround by slashing operating costs by about $400,000 per month and locking in new retail contracts, while eyeing divestments and emerging tech opportunities.

Aguia Resources reports significant cost reductions and stable high-grade gold feed at its Santa Barbara Gold Project, despite a temporary dip in production as underground development advances.

Australian Agricultural Company (ASX:AAC) defied North Queensland floods to deliver a 23% jump in operating profit, driven by strong beef pricing and herd valuation gains.

Emeco Holdings expects FY26 operating EBITDA near $290 million despite weather and supply headwinds, while FY27 outlook targets stable earnings with improved utilisation and ongoing deleveraging.

Barton Gold has increased its Phase 2 drilling at the Tunkillia Gold Project, with interim assays pointing to extensions and higher-grade zones that could boost resource size and project economics.

Southern Cross Media Group trims FY26 revenue and EBITDA forecasts amid tougher TV advertising conditions, initiating a major cost reduction program targeting up to 300 job cuts and $150 million in annual savings.