Latest Cost Reduction News

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Downer EDI Limited has reported a strong financial turnaround in the first half of FY25, with significant earnings growth and improved cash flow despite a revenue decline influenced by divestments and softer market conditions.
Victor Sage
Victor Sage
13 Feb 2025
Downer EDI Limited has reported a robust first half of FY25, with a 4.7% rise in statutory NPAT and a striking 70% increase in pro forma NPATA, underscoring the success of its ongoing transformation program.
Nora Hopper
Nora Hopper
13 Feb 2025
Temple & Webster Group Ltd delivered a robust half-year performance with revenues climbing 24% to $313.7 million and profit after tax more than doubling to $9 million, underpinned by strategic growth initiatives and operational efficiencies.
Logan Eniac
Logan Eniac
13 Feb 2025
Origin Energy reported a solid half-year performance with statutory profit rising to $1.02 billion and underlying profit up 24% to $924 million, driven by strong LNG trading and APLNG operations. The company is advancing its renewable energy investments and technology platforms while maintaining dividend growth.
Maxwell Dee
Maxwell Dee
13 Feb 2025
Origin Energy reported a robust half-year performance with statutory profit rising to $1.017 billion and an increased fully franked interim dividend, driven by strong Integrated Gas earnings despite softer Energy Markets and Octopus Energy results.
Maxwell Dee
Maxwell Dee
13 Feb 2025
Treasury Wine Estates delivered a robust 1H25 performance driven by luxury brands Penfolds and DAOU, offsetting softness in its premium and commercial portfolios. Despite strong earnings growth, the company lowers its full-year EBITS guidance, highlighting ongoing market headwinds.
Victor Sage
Victor Sage
13 Feb 2025
Vanadium Resources Limited has raised A$783,000 through a convertible note issue to fund working capital and progress strategic equity partnerships for its Steelpoortdrift Vanadium Project.
Maxwell Dee
Maxwell Dee
12 Feb 2025
ABx Group and Core Refining have mutually terminated their licence agreement as ABx pivots to a more cost-effective and sustainable method for producing aluminium fluoride, advancing the ALCORE project into its continuous pilot phase in Tasmania.
Maxwell Dee
Maxwell Dee
11 Feb 2025
Burgundy Diamond Mines showcased its vertically integrated diamond business and Ekati mine acquisition at the Bell Potter Unearthed Natural Resources Conference, outlining a robust 2025 operational and financial outlook despite market headwinds.
Maxwell Dee
Maxwell Dee
11 Feb 2025
SGH Ltd reported a solid half-year performance with a 10% increase in EBIT to $843 million and a 30% rise in interim dividend, driven by strong industrial services and energy sector results despite mixed market conditions.
Victor Sage
Victor Sage
11 Feb 2025
SGH Ltd reports a robust first half with 10% EBIT growth and a 30% dividend increase, underpinned by the full acquisition of Boral and strong operational execution across its industrial services portfolio.
Victor Sage
Victor Sage
11 Feb 2025
Seven West Media reported a 6% decline in total TV advertising revenue for the half-year ending December 2024 but achieved record digital audience growth and increased its TV revenue share to 41.5%. The company’s strategic investments in digital platforms and cost management signal a pivot towards a more resilient media business.
Elise Vega
Elise Vega
11 Feb 2025