Latest Equities News

Schaffer Corporation reported a 16% rise in underlying net profit for FY25, driven by strong Automotive Leather and Delta divisions, while maintaining its dividend and appointing a new CEO to steer future growth.

Lindian Resources has approved the Final Investment Decision for its Kangankunde Rare Earths Project, securing full funding and a strategic partnership with Iluka Resources. The company is raising A$91.5 million via institutional placement to advance development and expansion plans.

Lycopodium Limited delivered robust FY25 financial results, hitting the top end of guidance with $339.6 million revenue and $42.2 million net profit. The company’s strategic SAXUM acquisition broadens its footprint in the Americas, positioning it well for growth in critical minerals and clean energy sectors.

The Lottery Corporation Limited has announced a fully franked ordinary dividend of AUD 0.085 per share for the first half of FY2025, accompanied by a Dividend Reinvestment Plan available to Australian and New Zealand shareholders.

Opthea Limited has terminated its sozinibercept wet AMD program following Phase 3 trial failures and settled a major funding agreement, setting the stage for a strategic reset.

Service Stream Limited has reported a robust FY2025 with revenue climbing to $2.42 billion and a significant 13.1% rise in underlying EBITDA, alongside a 22% increase in dividends, underscoring its strong market position and operational execution.

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.