Latest Engineering News

Qantas Airways reported a robust 15% increase in underlying profit before tax for FY25, driven by strong operational performance and strategic fleet investments. The airline also announced a fully franked final dividend and special dividend, underscoring its financial strength and shareholder focus.

Verbrec Limited’s FY2025 results reveal a revenue decline and lower profit from continuing operations, yet a near doubling in net profit attributable to members and a maiden dividend declaration.

Weebit Nano has reported a remarkable 300% revenue increase to $4.4 million in FY25, driven by expanding licensing deals for its advanced ReRAM technology.

Weebit Nano Limited reported a strong FY25 with revenues surging over fourfold to $4.4 million and a narrowed net loss of $38.4 million, driven by key licensing deals and progress towards automotive-grade ReRAM qualification.

Smartgroup Corporation has reported a robust first half of 2025, with a 12% rise in NPATA and nearly half of new car leases now electric vehicles. The company’s strategic digital initiatives and strong customer growth underpin its confident outlook.

Smartgroup Corporation Ltd reported a solid first half for 2025 with revenue up 7% and net profit rising 11%, powered by strong novated leasing growth amid shifting electric vehicle policies.

Mineral Resources Limited reported FY25 results highlighting record mining services earnings driven by Onslow Iron's ramp-up, offset by lithium challenges and significant impairments. The company is focused on deleveraging and strengthening governance as it transitions to long-life, low-cost assets.

Air New Zealand reported a resilient $126 million net profit for FY2025 despite grounding up to 11 aircraft due to engine maintenance issues, while advancing its net zero emissions commitment with a new 2030 guidance.

Macquarie Technology Group Limited reported solid FY25 results with continued EBITDA growth and strong cash conversion, underpinned by strategic investments in data centre capacity and AI capabilities.

Thorney Opportunities Ltd posted a sharp 76% decline in profit after tax for FY2025 yet declared a higher fully franked final dividend and reported growth in net tangible assets per share.

Shriro Holdings reported a 5.5% beat on EBITDA guidance despite a 13.6% revenue decline driven by strategic shifts in its importer model and distributor consolidation. The company signals optimism for FY26 with new product launches and a capital-light growth strategy.

GenusPlus Group Ltd has delivered record FY2025 financial results, driven by strong contract wins and strategic acquisitions, positioning itself as a key player in Australia’s energy transition. The company forecasts robust earnings growth for FY2026 backed by a $2 billion orderbook.