Latest Expansion News

Uber posted another quarter of 20% Gross Bookings growth, lifted non-GAAP earnings sharply and forecast continued momentum into the final quarter of 2026. The company also announced the departure of senior executive Jill Hazelbaker as it prepares to expand its driverless vehicle operations.

Cencora delivered a stronger fiscal 2026, with adjusted earnings per share rising 12.3% and quarterly profit benefiting from the OneOncology acquisition. The healthcare distributor expects another 8% to 10% increase in adjusted EPS in fiscal 2027, while reshaping its reporting structure and lifting its dividend.

Estée Lauder has set a fiscal 2030 ambition of mid-single-digit organic sales growth, an adjusted operating margin of 16.5% to 18.5%, and double-digit adjusted EPS growth. The company also raised its fiscal 2027 outlook after a strong first quarter, while flagging the execution and adjustment risks behind its long-range targets.

COG Financial Services has opened FY2027 with a sharp earnings increase, driven by a major acceleration in salary packaging and novated leasing. The company is targeting EBITDA to shareholders growth of 10% or better for the full year, although the quarterly figures remain unaudited and acquisition effects complicate comparisons.

WIN Metals has expanded its Butchers Creek gold project by 62% to 343 square kilometres through two tenure deals costing $115,000 upfront. The acquisition could simplify the planned tailings footprint while adding exploration ground around historical workings, but one deal remains an option and the IGO transaction still needs third-party consent.

Forte Energy has joined forces with the Autana Group to screen oil opportunities in Venezuela, Colombia and Ecuador, starting with a three-phase study capped at US$150,000. The agreement offers regional access and local expertise, but does not yet identify an asset, licence or commercial discovery.

Ocean Sciences has secured firm commitments for a $700,000 placement to fund its Indonesian seaweed operations, innovation centre and research pipeline. The raising comes with a substantial package of options, while a further loyalty offer could add to the company’s future capital structure.

Scentre Group has reaffirmed its 2026 funds-from-operations and distribution targets after reporting stronger visitation, sales and leasing metrics across its Westfield portfolio. Exposure to David Jones remains material in floor space but limited in earnings terms, with rent paid through September.

Cynata Therapeutics has completed its $912,962 entitlement offer and secured firm commitments for a further $550,000 placement. The second raise still requires shareholder approval and will bring additional shares and options into an already heavily funded capital structure.

Janus Electric has mapped out an expansion across five US regions and Western Australia after building a 124-truck North American order book worth approximately A$64.6 million gross. The company reiterated FY27 revenue guidance of A$70 million to A$100 million, but delivery remains dependent on incentives, financing, battery supply and execution.

Supermicro’s preliminary fiscal first-quarter sales nearly quadrupled year on year to US$19.9 billion, as net income reached US$1.59 billion. The company forecast fiscal 2027 revenue of US$72 billion to US$82 billion, although weaker sequential margins and negative operating cash flow add important qualifications.

Riversgold has agreed to acquire a 12-square-kilometre tenement surrounding its Northern Zone gold project near Kalgoorlie, opening the door to western extensions of known mineralisation. The A$1 million cash and share deal also creates a near-term funding requirement and adds royalties to the asset.