Latest Equipment Rental News

Emeco Group reveals a robust FY25 with $785 million revenue, nearly half from its expanding maintenance services, underpinned by advanced asset management technology and a strategic push into new sectors.

Emeco Holdings has refinanced its long-term debt with a new A$355 million facility, extending maturity and improving terms to support future growth.

Emeco Holdings projects steady earnings growth and robust cash flow for FY26, driven by sustained mining activity and disciplined capital spending.

Stealth Group Holdings has reported its strongest financial year yet, with record sales and profits, while announcing a major acquisition that promises to reshape its market footprint.

Babylon Pump & Power reports a robust start to FY26 with strong rental segment growth and successful integration of two acquisitions, driving a $1.6 million net operating cash inflow.

Spectur Limited reported a 6% revenue increase to $8.7 million and slashed its net loss by 70% to $779,000 in FY25, driven by operational restructuring and a shift toward recurring revenue streams.

Emeco Holdings Limited reported a robust FY25 with significant earnings growth, margin expansion, and improved cash flow, setting a confident stage for FY26. The company’s strategic focus on operational efficiency and technology-driven services underpins its positive outlook.

Emeco Holdings reports robust FY25 results marked by solid revenue growth, margin expansion, and significant debt reduction, setting the stage for continued operational focus and moderate earnings growth in FY26.

Babylon Pump & Power has completed two key acquisitions, expanding its water services platform and enhancing earnings with minimal integration risk. These moves position the company for sustained growth in the mining services sector.

Emeco Holdings has reaffirmed its FY25 guidance, targeting $300 million in operating EBITDA and signalling confidence in earnings growth for FY26 amid disciplined cost management and a resilient mining sector.

Babylon Pump & Power Limited (ASX – BPP) announces transformational acquisitions of Blue Hire and Matrix Hydro Services, significantly expanding its equipment rental and water management capabilities. The company is funding this growth through a $3.5 million entitlement offer and a $21.2 million debt facility, targeting a doubling of EBITDA by FY26.

Babylon Pump & Power is set to acquire Blue Hire, expanding its rental fleet and market reach in Western Australia, while extending its retail entitlement offer deadline to June 13.