Latest Divestments News

Page 28 of 135
NOVONIX Limited posted a $92.7 million net loss for 2025 while progressing its synthetic graphite anode materials business and preparing to divest its Battery Technology Solutions segment.
Maxwell Dee
Maxwell Dee
26 Feb 2026
Qantas Airways delivered a solid half-year performance with a 5.1% rise in underlying profit before tax to $1.456 billion, underpinned by strong travel demand and fleet renewal. The Group announced a fully franked interim dividend of $300 million and a $150 million on-market share buy-back.
Victor Sage
Victor Sage
26 Feb 2026
United Overseas Australia Ltd reported a robust 61.7% increase in net profit for the year ended 31 December 2025, alongside a 48% rise in revenue. The company declared a final unfranked dividend of 2.00 cents per share, maintaining its payout despite strong earnings growth.
Eva Park
Eva Park
26 Feb 2026
Babylon Pump & Power reported a $7.16 million loss for H1 FY26, weighed down by acquisition-related expenses and an impairment charge, while its rental segment soared post-acquisitions.
Victor Sage
Victor Sage
26 Feb 2026
Westgold Resources Limited delivered a standout half-year performance, posting record revenue and profit driven by soaring gold prices and increased production, while becoming debt free and streamlining its asset portfolio.
Maxwell Dee
Maxwell Dee
26 Feb 2026
Australian Unity Limited reported increased revenue for the half-year ending December 2025, but earnings declined sharply due to inflationary pressures and ongoing transformation investments. The company also completed a leadership transition and strengthened its balance sheet.
Claire Turing
Claire Turing
25 Feb 2026
Experience Co Limited reported a 5% increase in sales revenue to $67.2 million for 1H26, with underlying EBITDA steady at $10.5 million despite operational challenges. The company is streamlining its portfolio by selling Wild Bush Luxury and focusing on scalable adventure experiences.
Victor Sage
Victor Sage
25 Feb 2026
Energy World Corporation has eliminated all group-level borrowings, strengthening its balance sheet and advancing key LNG and power projects in Southeast Asia amid ongoing operational losses.
Maxwell Dee
Maxwell Dee
25 Feb 2026
ARN Media Limited reported a 10% revenue decline in FY25 alongside a strategic reset focusing on digital transformation and cost savings. Leadership changes and improved cash flow underpin the company’s pivot to a digitally driven entertainment model.
Elise Vega
Elise Vega
25 Feb 2026
Flight Centre Travel Group has delivered a robust first half in FY26, reporting record total transaction value and profit growth, underpinned by AI-driven efficiency and strategic portfolio reshaping.
Victor Sage
Victor Sage
25 Feb 2026
Iress Limited reported a 7.4% revenue decline to $556.3 million for FY25 but achieved a 21.5% rise in profit before tax, declaring a fully franked final dividend of 13 cents per share. The company sharpened its focus on core Wealth and Trading software businesses while advancing sustainability and AI innovation.
Sophie Babbage
Sophie Babbage
25 Feb 2026
CVC Limited posted a $6.7 million net loss for the half-year ended December 2025, driven by project delays and absent property sales, while strengthening liquidity through refinancing.
Eva Park
Eva Park
24 Feb 2026