Latest Expansion News

Goodman Group is targeting 9% growth in FY27 operating EPS as its global development pipeline expands amid tight power, land and planning constraints. The group’s work in progress reached $19.7 billion, with data centres accounting for 79% of the total.

Diatreme’s Northern Silica Project is forecast to deliver a $412.6 million present-value net benefit to Queensland, with $729 million in additional household consumption over its operating life. The assessment strengthens the project’s economic case, but approvals, port access, funding and native title agreements remain unresolved.

SRJ Technologies has replaced both its chair and chief executive as it turns from international expansion toward operational delivery and revenue conversion. Ben Lumley will serve as interim CEO with an initial two-month review period, while Mark Lindh becomes chair.

Block delivered a stronger-than-expected third quarter, lifting its 2026 guidance after gross profit rose 22% and adjusted operating income nearly doubled. The fintech is also placing a substantial bet on AI, lending and the connection between Square sellers and Cash App users.

Arista Networks delivered third-quarter revenue well above its own guidance, with sales reaching US$3.66 billion and GAAP net income hitting US$1.56 billion. The networking specialist is now guiding to as much as US$4.0 billion in fourth-quarter revenue as it expands its AI infrastructure portfolio.

Skyworks Solutions has begun operating as a larger RF semiconductor group after completing its Qorvo combination, targeting at least US$500 million in annual cost synergies. The deal arrives as standalone fiscal 2026 profit and cash flow declined, leaving execution and integration central to the investment case.

My Food Bag will remain NZX-listed after a strategic and ownership review, with organic growth now taking priority. The board is targeting fully imputed dividends of 70% to 90% of NPAT and is considering an additional return of surplus capital after moving into net cash.

Expeditors delivered a sharp third-quarter acceleration, with revenue up 42% and diluted EPS up 62% as air and ocean volumes strengthened. Demand from AI infrastructure customers helped drive growth, but constrained capacity and Asian port disruption remain material risks.

AMETEK has lifted its full-year adjusted earnings guidance after delivering record third-quarter sales, earnings and cash flow. The industrial technology group also completed its Indicor Instrumentation acquisition during the quarter.

Zebra Technologies delivered a sharp third-quarter acceleration, lifted its full-year outlook and generated US$661 million of free cash flow in the first nine months. The gains came with pressure from memory costs, a lower gross margin and a sizeable current debt balance.

Sysco delivered modest underlying growth in fiscal Q1 2027 and kept its adjusted EPS and local volume targets intact, while shifting full-year sales expectations to the lower end of its existing range. The quarter also brought a permanent CFO appointment as the company prepares for the proposed Jetro Restaurant Depot acquisition.

Eaton delivered record third-quarter sales, margins and orders, then raised its full-year 2026 organic growth guidance to 13% to 15%. The power-management group is also adding another European electrical acquisition while preparing to separate its Mobility business.