Latest Debt Management News

Saferoads Holdings reports a modest quarterly profit driven by cost cuts and prepares to settle the sale of its Road Safety Rentals business, aiming to clear debt and refocus on product sales growth.

Farm Pride Foods reports a 15% rise in production following successful repopulation of Avian Influenza-impacted farms, alongside improved cash flow and strategic loan conversion.

PeopleIn Limited reported a $6.3 million Q3 FY25 EBITDA, down from $6.9 million last year, affected by severe weather in Queensland. Strong cash flow helped reduce debt, underscoring resilience despite ongoing trading challenges.

Deterra Royalties Limited reported a solid half-year profit of $63.9 million despite iron ore price pressures, supported by strong production volumes and gold offtake performance. The company declared a fully franked interim dividend of 9.0 cents per share and maintains robust liquidity for strategic investments.

Osteopore Limited has drawn down A$2 million from the first tranche of its redeemable convertible notes, using the proceeds to repay existing loans and support ongoing business activities.

Charter Hall Retail REIT reported a strong turnaround with a statutory profit of $108.6 million for the half year ending December 2024, despite a 7% dip in operating earnings. The REIT maintained its interim distribution at 12.30 cents per unit amid ongoing portfolio adjustments and rising finance costs.

Orora Limited reported a substantial half-year profit of A$907.6 million, propelled by the sale of its North America packaging business and strategic restructuring. The company also announced an unfranked interim dividend of 5 cents per share.

Arena REIT reports a striking 87% increase in net profit for the half-year ended December 2024, driven by property revaluations and rental growth. Distributions per security also rose, reflecting confidence in the group’s long-term strategy.

Region Group has reported a remarkable turnaround with an $81.8 million net profit for the half year ended December 2024, reversing last year's loss while maintaining its interim distribution at 6.70 cents per security.

Eden Innovations has agreed in principle to amend the sale contract for its Augusta, Georgia industrial property and secured an extension of its iBorrow financing facility until January 2026, pending final agreements.

Keybridge Capital Limited has appointed a voluntary administrator following a series of legal setbacks and an inability to raise crucial capital, leading to the suspension of its shares.

Kelly Partners Group Holdings Limited posted a robust half-year result ending December 31, 2024, with revenues climbing 22.8% to $64.9 million and profits attributable to owners rising 27.6% to $2.5 million, driven by strategic acquisitions and organic growth.