Latest Investment And Costs News

Super Retail Group reported a 3.2% revenue increase to $4.2 billion in FY26, but statutory net profit fell 7.2% to $206 million amid higher costs and project investments. A new five-year strategy aims to drive growth despite a challenging retail environment.

Iress Limited’s half year net profit after tax surged 85% to $32 million, driven by sharp cost cuts and margin expansion, even as total revenue fell nearly 17% following recent divestments.

Meridian Energy navigated a record July electricity demand with robust renewable generation and high hydro inflows, while retail sales volumes grew and wholesale prices fell sharply.

New Zealand King Salmon (NZX: NZK) has upgraded its FY26 earnings outlook, lifting pro-forma EBITDA guidance to $30 million–$34 million, driven by better fish performance and fewer supply chain disruptions than expected.

Noumi Limited has struck a binding deal with major shareholder Arrovest to acquire all remaining shares via a scheme of arrangement, offering shareholders a 12.2% premium amid looming $610 million convertible note maturity.

GQG Partners saw its total funds under management decline to USD 163.3 billion at the end of May 2026, dragged down by net client withdrawals and negative investment returns across core strategies.

Noodlecake Studios, via Streamplay Studio, has secured a global multi-platform publishing deal for the anime-inspired action title 'Tiebreakers', targeting mobile, PC, and console release in late 2027. Early reveal content attracted over 175,000 views within 24 hours, underscoring strong initial interest.

Serko Limited posted a 34% jump in total income to NZD 120.9 million for FY26, powered by strong Booking.com for Business growth and a full year of GetThere revenue. The company’s EBITDAFI surged 137%, while net loss narrowed. Serko.ai’s US closed beta marks a strategic pivot into AI-driven business travel.

Infotrust appoints seasoned tech executive Paul Timmins as CEO, signaling a new phase of growth and cash profitability. The company updates its FY26 second-half EBITDA guidance to $2.3 million amid ongoing cyber security investments and cost efficiencies.

News Corporation reported a 9% revenue increase to $2.185 billion in Q3 FY2026, driven by growth across its media and real estate segments, but net income attributable to stockholders declined 14% amid rising costs and restructuring.

FortifAI’s Nol8 FPGA appliance dramatically reduces AI infrastructure costs by replacing up to 60,000 CPUs, slashing annual operational expenses from millions to tens of thousands of dollars.

DGL Group reported a 5.8% revenue decline to $225.2 million in H1 FY26, weighed down by audit qualifications, ERP rollout delays, and one-off impairments. Despite these headwinds, the company cut net debt by $16.4 million and advanced strategic site consolidations and new facility investments.