Latest Equities News

Bendigo and Adelaide Bank reveals a substantial $539.5 million goodwill impairment and $9 million restructuring costs for FY25, while reassuring investors that cash earnings and capital remain intact.

Wingara AG Limited has officially terminated its planned placement and loan agreement with Terra Firma Equity Limited, leaving its capital raising strategy uncertain.

StepChange Holdings has reported FY25 results that beat expectations, following its acquisition of StepChange Consultants and successful ASX listing. The company sets a promising stage for FY26 with strong operational momentum.

Dexus’s 2025 annual results reveal stable cash flows, robust occupancy rates, and a positive shift in property valuations, underscoring its resilience amid evolving market conditions. The company’s sustainability leadership and strategic divestments position it well for the next growth phase.

Dexus has reported FY25 results that meet guidance, showcasing resilience in its office and industrial portfolios alongside strong funds management performance. The company signals optimism for the next phase of the real estate cycle despite ongoing market uncertainties.

Dexus posted a 5.4% rise in revenue for FY25 but reported a substantial net loss driven by impairments, while increasing distributions to security holders.

Lynch Group Holdings Limited reported solid revenue growth and a sharp reduction in net loss for FY2025, while announcing a scheme of arrangement acquisition by Hasfarm Holdings Limited.

Lynch Group Holdings has agreed to a $2.245 per share cash acquisition by Hasfarm, offering shareholders a 34.3% premium and securing board and major shareholder support. The scheme awaits shareholder and court approvals, with a final dividend declared ahead of completion.

Step One Clothing reported modest FY25 revenue growth amid a challenging retail environment, driven by strong UK performance and a strategic shift to balance discounting and profitability.

Smart Parking Limited reported a transformational FY25, driven by a landmark US acquisition and strong international growth, boosting revenue by 41% and profit by 47%.

Spark New Zealand reported FY25 results within updated guidance, unveiling a strategic sale of a majority stake in its data centre business and a renewed five-year focus on core connectivity. The company’s transformation and capital management reset aim to stabilize performance and deliver sustainable shareholder returns.

Strickland Metals has completed the sale of its Yandal Gold Project to Gateway Mining, distributing most Gateway shares directly to its shareholders and sharpening its focus on the Rogozna Project in Serbia.