Latest Financial Performance News

Wesfarmers outlines a bold growth and productivity agenda centred on AI integration, expanding retail footprints, and lithium project progress, underpinning strong shareholder returns and portfolio resilience.

James Hardie Industries has been hit with a class action in Victoria alleging breaches of Australian corporate and consumer laws related to its financial forecasts. The company denies wrongdoing and plans a vigorous defence.

Synlait Milk is progressing a key refinancing of its senior bank facilities due June 2026 and plans to replace a $130 million shareholder loan with a two-year term facility. The company reports a preliminary $12 million net loss for the first four months of 2026 amid operational headwinds and asset sales.

Synlait Milk is on track to refinance its senior bank facilities by June 30, 2026, replacing a $130 million shareholder loan from Bright Dairy with a new two-year loan. The company reported a preliminary net loss of $12 million for the first four months of 2026, reflecting operational headwinds and the recent North Island asset sale.

Euroz Hartleys confirms exclusive talks with BMO Financial Group over a potential $145 million sale of its Capital Markets business, retaining its Private Wealth division and pursuing standalone growth.

Ryman Healthcare nearly doubles operating profitability and generates positive free cash flow for the first time in over a decade, while shifting strategy toward sustainable growth and targeting dividend returns by FY28.

Tasmea Limited (ASX: TEA) has announced a fully franked special dividend of 10.0 cents per share, returning approximately A$26.2 million to shareholders while reaffirming its FY26 earnings guidance and maintaining a positive outlook for FY27.

Propel Funeral Partners has inked deals for three New Zealand funeral service providers, adding nearly $4 million in revenue and projecting modest growth for FY26 despite currency headwinds.

Treasury Wine Estates (ASX:TWE) unveils its Ascent transformation, targeting $100 million annual savings, portfolio focus on Power Brands, and a leaner supply chain to lift margins and reduce leverage by FY28.

Evion Group’s Panthera Graphite Technologies joint venture posted a US$530,000 EBITDA in its first full year of commercial production, operating at just 20-25% capacity and setting the stage for substantial earnings growth.

Ampol's acquisition of EG Australia has gained ACCC approval, conditional on divesting 41 overlapping fuel sites to Metro Petroleum to preserve competition in 39 local markets.

Biome Australia has inked a binding deal with Specialty Probiotics Australia to shift its Activated Probiotics manufacturing onshore, aiming to boost gross margins above 65% and streamline working capital within 18 months.