Latest Cost Reduction News

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MyEco Group is streamlining its manufacturing footprint and expanding outsourced production to cut fixed costs by up to $3 million annually, aiming to enhance margins and achieve positive EBITDA in the medium term.
Victor Sage
Victor Sage
22 Apr 2025
Australasian Metals Limited is streamlining its portfolio to concentrate on near-term exploration wins, launching a new IP survey at its promising May Queen gold project while exiting less viable ventures.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Fletcher Building reported a challenging HY25 with a 7% revenue decline and a net loss of NZ$134 million, while executing a $700 million equity raise to strengthen its balance sheet and advancing significant cost reduction initiatives.
Victor Sage
Victor Sage
19 Feb 2025
Mineral Resources Limited reported a challenging FY25 half-year with a 9% revenue decline and a 55% drop in underlying EBITDA, yet its Mining Services segment and Onslow Iron project show promising growth trajectories.
Maxwell Dee
Maxwell Dee
18 Feb 2025
3P Learning Limited reported a modest revenue decline but dramatically reduced its half-year loss, while strategically acquiring Intrepica Pty Ltd to bolster its literacy offerings.
Victor Sage
Victor Sage
18 Feb 2025
SEEK Limited's FY2025 half-year results reveal a 4% decline in sales revenue amid softer job ad volumes, yet the company impressively increased its interim dividend by 26%, supported by strong free cash flow growth.
Sophie Babbage
Sophie Babbage
18 Feb 2025
Big River Industries reported a 3.3% revenue decline and a 26% drop in EBITDA for 1H FY25, reflecting ongoing residential market challenges. Despite this, the company is investing in growth and operational efficiencies, maintaining a cautiously optimistic outlook for FY26 and beyond.
Victor Sage
Victor Sage
18 Feb 2025
Reliance Worldwide Corporation Limited reported a solid 14.8% increase in net sales for the first half of FY25, driven by the Holman acquisition and organic growth, yet signals a cautious outlook for the remainder of the year amid persistent macroeconomic headwinds.
Victor Sage
Victor Sage
18 Feb 2025
Reliance Worldwide Corporation posts a robust 14.8% sales increase and a 31.8% jump in net profit for H1 FY25, driven by the Holman acquisition and solid cost efficiencies.
Victor Sage
Victor Sage
18 Feb 2025
Mighty Kingdom has completed a strategic review, trimming $2.5 million in annual costs without disrupting current contracts and positioning itself for new revenue growth.
Sophie Babbage
Sophie Babbage
17 Feb 2025
Carbonxt Group Limited has initiated a $2 million Share Purchase Plan following successful capital raises, aiming to bolster its Kentucky activated carbon facility as it nears commercial production.
Victor Sage
Victor Sage
17 Feb 2025
Lendlease Group has reported a robust turnaround in its half-year results, posting an operating profit after tax of $122 million and advancing its strategic capital recycling initiatives. The company is on track to reduce gearing and enhance operational efficiency amid ongoing market challenges.
Eva Park
Eva Park
17 Feb 2025