Latest Divestments News

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.

Apiam Animal Health posted modest FY25 revenue growth but saw net profit plunge due to asset impairments, while receiving a non-binding acquisition proposal from Adamantem Capital.

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.

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.

COG Financial Services Limited reported a 23% increase in net profit after tax to $18.8 million for FY2025, driven by growth in novated leasing and asset management segments. The company declared a fully franked final dividend of 3.0 cents per share, reflecting a strategic shift towards broking capabilities.

RPMGlobal completes its transition to a pure-play software company, reporting robust FY25 results driven by subscription revenue growth and a $63.6 million Advisory divestment. The company projects significant margin expansion and revenue growth in FY26 backed by a $200 million contract backlog.

Eneco Refresh Limited has reversed its fortunes with a modest profit in FY25, driven by steady revenue growth and operational improvements across key regions and business units.

CVC Limited has reversed its fortunes with a $0.5 million net profit after tax for FY25, driven by strong property investment income and strategic land developments, while maintaining a cautious capital management approach and withholding dividends.

Eildon Capital Group reported a $5.7 million net loss in FY25, weighed down by $8 million in one-off charges, while simplifying its portfolio and entering a new joint venture in North Queensland.

Ingenia Communities Group reported a 9.6% rise in revenue to $517.7 million for FY25, driven by strong home settlements and rental income growth. Underlying profit surged 33% to $126.1 million, while statutory profit soared 816%, reflecting prior year impairments and fair value gains.

Pacific Current Group reports a 47% drop in statutory profit amid major asset sales but boosts dividends and completes a $265 million share buy-back, positioning for growth in FY26.

Kelsian Group reported a strong FY25 with revenue up 9.5% and EBITDA growth of 7.4%, underpinned by contract renewals and operational excellence. The company also advanced key strategic initiatives including a Tourism Portfolio sale and UK expansion.