Latest Impairment Charges News

Universal Store Holdings delivered a robust FY25 performance with strong sales growth and margin expansion, driven by its Universal Store and Perfect Stranger brands. Despite a statutory profit hit from impairment charges, the company is optimistic about FY26 growth backed by new store openings and digital investments.

St Barbara Limited reported a $52 million underlying loss for FY25, driven by investments in its Simberi Expansion Project and operational challenges. The company classified its Atlantic operations as discontinued, recognizing a $38 million impairment, while completing a $100 million capital raise to support growth.

Perpetual Limited is set to record a significant $153.7 million non-cash impairment for FY25, largely driven by challenges in its J O Hambro boutique. This move underscores ongoing asset outflows but leaves liquidity intact.

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.

Mount Gibson Iron reported a significant net loss for FY25 amid weaker iron ore prices but is pivoting towards gold with a major acquisition in the Northern Territory.

Mount Gibson Iron Limited reported a substantial net loss for FY2025 amid iron ore price drops and operational challenges, while announcing a strategic acquisition in the gold sector.

Strike Energy has reported a significant downgrade in its Walyering gas field reserves following FY25 production data, alongside plans to drill a new exploration well in early 2026 to address potential supply shortfalls.

oOh!media Limited reported a robust first half in 2025 with 17% revenue growth and a 27% rise in underlying EBITDA, driven by key contract wins and operational efficiencies. Despite a $30 million impairment in New Zealand, the company declared a fully franked interim dividend and outlined a positive outlook with a CEO transition on the horizon.

oOh!media has reported a robust first half of 2025, with revenue climbing 17% and adjusted underlying profit soaring 46%, underscoring its leadership in the Out of Home media sector.

oOh!media Limited reported a robust 17% increase in revenue for the first half of 2025, driven by strong Australian market segments, but posted a statutory loss due to a significant impairment charge in New Zealand. The company also announced a restructuring and a new CEO appointment.

BlueScope Steel reported a resilient FY2025 with $738 million underlying EBIT despite soft market conditions, advancing key growth and decarbonisation initiatives. The company extends its buy-back program and maintains a strong balance sheet as it targets significant earnings uplift by 2030.

BlueScope Steel reported a sharp decline in FY2025 underlying EBIT to $738 million, weighed down by a significant impairment in its North American Coated Products business. Despite the setback, the company projects a confident start to FY2026 with targeted cost savings and growth initiatives.