Latest Cost Savings News

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Adairs Limited reported a 6.5% sales increase in FY25, powered by strong performances from its Adairs and Mocka brands, while Focus on Furniture struggled. The company is advancing its Vision 2030 strategy with technology upgrades and operational improvements.
Logan Eniac
Logan Eniac
27 Aug 2025
PlaySide Studios reported a significant revenue drop and EBITDA loss in FY25, driven by declines in original IP sales. However, the company is banking on new game launches and cost-cutting measures to fuel a turnaround in FY26.
Sophie Babbage
Sophie Babbage
27 Aug 2025
Woolworths Group reported a 3.6% normalised sales increase to $69.1 billion for FY25, yet earnings before interest and tax fell 12.6%, weighed down by Australian Food and BIG W segments. The group plans a turnaround in FY26 amid ongoing cost pressures and strategic shifts.
Logan Eniac
Logan Eniac
27 Aug 2025
PlaySide Studios reported a 25% revenue decline to $48.7 million for FY25, resulting in a $12.1 million net loss. The company is banking on new game launches and cost savings to reverse the downturn in FY26.
Sophie Babbage
Sophie Babbage
27 Aug 2025
Woolworths Group posted a modest 1.7% revenue increase to $69.1 billion for the 52 weeks ending June 2025, while earnings before interest and tax (EBIT) fell 12.6%, weighed down by challenges in its Australian Food and BIG W segments.
Logan Eniac
Logan Eniac
27 Aug 2025
McPherson's Limited reported a 3.9% revenue decline in FY25 driven by exiting lower-margin brands, while core brands grew 1.9%. The company posted a statutory net loss of $15 million, weighed down by significant impairments as it completes a major operating model transformation.
Victor Sage
Victor Sage
27 Aug 2025
McPherson’s Limited reported a 3.9% revenue decline in FY25 due to shedding non-strategic brands, while its core health and beauty brands grew modestly. The company’s transition to a wholesaler and third-party logistics model marks a pivotal shift aimed at long-term growth despite a widened net loss.
Victor Sage
Victor Sage
27 Aug 2025
Nine Entertainment reported a 2% revenue rise in FY25, powered by digital and subscription growth, while navigating EBITDA pressures and completing a major Domain stake sale.
Elise Vega
Elise Vega
27 Aug 2025
ARN Media reports a 7% revenue decline offset by 21% digital audio growth and $35 million in cost savings, setting the stage for improved profitability and cash flow.
Elise Vega
Elise Vega
27 Aug 2025
ARN Media reports a 7% revenue decline in H1 2025 amid a strategic transformation, with digital audio growth offsetting radio setbacks and key divestments underway.
Elise Vega
Elise Vega
27 Aug 2025
Apiam Animal Health posted modest FY25 growth amid challenges in clinical services, launching a Strategic Reset Program and attracting an acquisition proposal from Adamantem Capital.
Ada Torres
Ada Torres
27 Aug 2025
Apiam Animal Health reported modest revenue growth but a sharp net profit decline in FY25, launching a Strategic Reset program under new leadership. The company also received a $0.88 per share acquisition proposal from Adamantem Capital Management.
Ada Torres
Ada Torres
27 Aug 2025