Latest Integration Costs News

FIS delivered a sharp third-quarter revenue increase and lifted adjusted EBITDA, but its next phase is centred on deleveraging rather than aggressive capital returns. The fintech has paused meaningful buybacks and tuck-in acquisitions while it works towards a gross leverage target of about 2.8 times.

AMETEK has lifted its full-year adjusted earnings guidance after delivering record third-quarter sales, earnings and cash flow. The industrial technology group also completed its Indicor Instrumentation acquisition during the quarter.

Eaton delivered record third-quarter sales, margins and orders, then raised its full-year 2026 organic growth guidance to 13% to 15%. The power-management group is also adding another European electrical acquisition while preparing to separate its Mobility business.

Kimberly-Clark has completed its acquisition of Kenvue, issuing about 281.1 million shares and taking on an integration programme expected to cost US$3.1 billion before tax. The combined group is targeting US$2.1 billion in annual run-rate synergies by reshaping its brands, segments and operating model.

Dicker Data has completed its acquisition of Sektor Group, adding a NZD 440 million-revenue distribution business across Australia, New Zealand and Southeast Asia. The deal was funded by extending existing debt facilities and is expected to be earnings accretive in FY26, excluding one-off transaction and integration costs.

Aura has reported 25% year-on-year exit ARR growth and positive underlying free cash flow in its first quarter after completing the Qoria acquisition. The company reaffirmed its 2026 targets, but the result remains pro forma and unaudited as integration work begins.

BetMakers delivered a step-change in Q1 FY27 profitability, with constant-currency revenue rising 16.3% and adjusted EBITDA climbing 176% to $5.9 million. Positive operating cash flow and stronger margins add weight to the company’s technology-led growth story, although the figures remain unaudited.

Xamble Group’s revenue held near its record quarter in Q3 CY2026, while gross margin improved and net operating cash outflow fell to A$0.05 million. The turnaround remains incomplete: underlying business EBITDA was still negative and the quarter benefited from A$0.15 million in grant income.

Sigma Healthcare has entered FY27 with double-digit Chemist Warehouse sales growth, stronger earnings and a merger integration program targeting $100 million in annual synergies by FY29. The next test is whether store expansion and technology consolidation can convert momentum into durable cash returns.

Bendigo Bank’s unaudited 1Q27 cash earnings rose 18.5% against the prior half-year quarterly average, but statutory profit fell as net interest margin narrowed and non-cash property revaluations weighed. Deposits grew while lending contracted, with the bank continuing its costly non-financial risk remediation program.

IAG has offered a package of competition remedies to support approval of its proposed 20-year insurance alliance with RAC of Western Australia, including the transfer of NRMA policy renewal rights and a $20 million community investment. The insurer says the transaction still carries $1.2 billion in additional annual gross written premium and approximately $100 million in annual pre-tax synergies once integration is complete.

Stakk’s unaudited pro-forma revenue rose 16.5% to A$16.1 million in the first quarter of FY2027, implying an illustrative annualised pace above its full-year objective. The company has kept its A$55.2 million revenue and A$18.5 million EBITDA targets unchanged, stressing that one quarter does not establish the year.