Latest Industrial Goods News

Lynch Group Holdings confirms Federal Court approval of its acquisition scheme by Darwin Aus Bidco, with shares suspended and a cash payout scheduled. Shareholders await the next steps as the deal moves toward implementation.

Oldfields Holdings navigated a challenging first quarter of FY2026 with tight cash flow and subdued sales but made strategic moves to streamline operations and bolster scaffold order backlogs for growth.

Janus Electric reported a modest revenue increase in Q1 FY26 despite supply chain setbacks and remains suspended from ASX pending audit completion. A $5 million strategic investment from EVUNI Pte Ltd promises to accelerate growth, particularly in sub-Saharan Africa.

Adrad Holdings announces immediate board reshuffle with Chairman Glenn Davis stepping down, CEO Paul Proctor promoted to Managing Director, and Donald McGurk appointed Chairman.

Coventry Group Ltd has appointed Nik Alpert as Managing Director, marking a key leadership transition with no changes to his existing remuneration package.

Ansell Limited reported robust FY25 results, driven by strong organic growth and the successful integration of Kimberly-Clark’s PPE business. The company also advanced its sustainability commitments and navigated tariff challenges with strategic pricing and sourcing.

EVZ Limited reported a 9% revenue decline to $108 million in FY2025, driven by a slowdown in its Energy and Resources sector, yet achieved an 8% rise in EBITDA reflecting improved profitability. The company’s net profit after tax fell 42%, impacted by tax adjustments, as it pursues margin expansion and growth through acquisitions.

MaxiPARTS Limited reported robust FY25 results with strong revenue growth, improved margins, and significant debt reduction, underpinning a confident outlook despite market challenges.

Adrad Holdings reported solid FY25 results with revenue climbing 8.9% to $153.1 million, despite a slight dip in EBITDA due to cost pressures. The company boosted its dividend by 18%, reflecting confidence in future growth.

Austal Limited has acknowledged a delayed filing of a director's interest notice due to an administrative oversight, prompting ASX scrutiny and a commitment to tighten compliance processes.

Pact Group Holdings confirms its voluntary delisting from the ASX effective mid-July, alongside a provisional FY25 trading update showing slight revenue growth driven by its Materials Handling segment.

FOS Capital has completed its acquisition of Aldridge Traffic Systems, backed by a $3.7 million placement, marking a strategic expansion in the Australian lighting market.