Latest Industrial Operations News

Shareholders of Washington H. Soul Pattinson and Brickworks have overwhelmingly approved their respective share schemes, paving the way for a major merger and new leadership incentives.

Advanced Braking Technology has appointed CEO Andrew Booth to the Board as Managing Director, signaling confidence in his leadership amid ongoing growth.

1414 Degrees has completed all technical milestones with Woodside, retaining full ownership of its SiBox technology and advancing commercialisation efforts in industrial decarbonisation and hydrogen.

Vulcan Steel Limited reported a 10.9% revenue decline in FY25 alongside a 24.1% drop in adjusted EBITDA, while announcing a fully underwritten NZ$96 million equity raise to fund the acquisition of Roofing Industries Limited. The deal marks Vulcan’s strategic entry into the New Zealand steel roofing and cladding market with expected earnings accretion and no change to its dividend policy.

PRL Global Ltd reported a robust 16.8% revenue increase to $1.48 billion for the year ended June 2025, yet net profit after tax plunged by over 50%, prompting a cautious dividend outlook.

SGH Ltd reported solid FY25 results with 8% EBIT growth, margin expansion, and a 17% dividend increase, setting a confident tone for FY26. The diversified industrial services group demonstrated robust cash flow and reduced leverage despite mixed divisional performances.

Envirosuite Limited shareholders convened to vote on a proposed acquisition by Ideagen EVS BidCo Pty Limited, approving a $0.09 per share cash offer that values the company at a significant premium. The deal awaits final Federal Court approval, marking a pivotal moment for the environmental intelligence software provider.

Parkway Corporate Limited reported a strong quarter with $4.22 million in revenue and $0.47 million EBITDA, driven by a major wastewater contract and progress in its innovative Queensland Brine Solutions technology.

Invictus Energy is preparing to drill the high-impact Musuma-1 exploration well outside its Mukuyu discovery area, while securing National Project Status for its Cabora Bassa Project in Zimbabwe.

Parkway Corporate Limited has secured over $13.5 million in water infrastructure contracts, including a major $12.85 million deal with a leading engineering firm, while advancing its innovative brine management technology and extending its loan facility to support expansion.

FBR Limited has completed the final tranche of its $6.3 million placement, enabling significant cost reductions and operational consolidation that position the company for a more sustainable future.

Invictus Energy has secured a three-year extension for its Cabora Bassa Basin licence and gained environmental approval for pilot gas production, setting the stage for expanded exploration and early commercialisation in Zimbabwe.