Latest Industrial Production News

PWR Holdings Limited has reported a robust half-year performance with revenues climbing 27.8% and net profit rising 38.6%, underpinned by strategic expansion in motorsports and aerospace sectors. The company also announced a higher fully franked interim dividend of 3 cents per share.

GWA Group Limited reported solid half-year growth in revenue and earnings, driven by volume gains and strategic initiatives including a new AI partnership. The company also lifted its interim dividend, signalling confidence despite mixed market conditions ahead.

Foresta Group Holdings has formalised a 30-year lease for its Kawerau site in New Zealand, marking a pivotal step in advancing its integrated biomass manufacturing ambitions.

Saferoads Holdings Limited reported a modest rise in quarterly sales and a half-year net profit of approximately $511k, while progressing regulatory approval for its innovative HV2 barrier.

Nickel Industries reported a 57% drop in quarterly EBITDA due to mining quota delays but showcased robust HPAL margins and advanced commissioning at its Excelsior project, supported by a strategic investment from Sphere Corp.

BauMart Holdings reported steady progress in modular building and core divisions during Q4 2025, while maintaining disciplined cash management amid ongoing funding pressures.

Multistack International Limited has announced plans to discontinue its current business operations and is working towards disposing of its Australian subsidiary after continued losses and cash burn.

Korvest has reported a solid first half for FY26 with revenue up 17.9% and EBIT rising 36.3%, underpinned by major project wins and operational upgrades. The Kilburn redevelopment is progressing on schedule, setting the stage for further growth.

Korvest Ltd reported a strong first half for FY2026 with revenue up 17.9% and profit before tax rising 33.2%, driven by growth in its Industrial Products segment and major infrastructure projects.

Korvest Ltd has reported a robust half-year performance with revenues climbing 17.9% to $60.3 million and net profit after tax rising 33.2% to $5.444 million, driven by strong activity in its Industrial Products segment and strategic capital investments.

Vulcan Steel has appointed Gavin Street as its new CEO and managing director, while reshuffling key board roles to maintain a majority of independent directors.

Nickel Industries has secured a strategic partner in Sphere Corp., which will acquire a 10% interest in the ENC HPAL project and enter into a nickel offtake agreement, marking a significant step into Western aerospace markets.