Latest Investment News

Vulcan Steel’s 1H FY25 results reveal a steep decline in profitability amid tough economic conditions, yet the company signals cautious optimism for a market rebound in 2025.

Vulcan Steel Limited reported a 12.6% revenue decline and a 64.8% drop in net profit for the first half of FY25 amid challenging market conditions. Despite this, the company achieved a 10% return on capital employed and is positioning itself for growth as economic recovery signs emerge.

SGH Ltd reported a solid half-year performance with a 10% increase in EBIT to $843 million and a 30% rise in interim dividend, driven by strong industrial services and energy sector results despite mixed market conditions.

SGH Ltd reports a robust first half with 10% EBIT growth and a 30% dividend increase, underpinned by the full acquisition of Boral and strong operational execution across its industrial services portfolio.

SGH Ltd has reported a robust half-year performance for the period ending December 31, 2024, with revenue up 2.2% and net profit soaring 174.5%, underpinned by strong operational segments and strategic acquisitions.

Seven West Media reported a 6% decline in total TV advertising revenue for the half-year ending December 2024 but achieved record digital audience growth and increased its TV revenue share to 41.5%. The company’s strategic investments in digital platforms and cost management signal a pivot towards a more resilient media business.

Poseidon Nickel Limited’s shares have been suspended from trading following court approval of Horizon Minerals’ acquisition scheme, marking a pivotal step in the nickel miner’s corporate evolution.

Queste Communications Ltd reported a robust $4.2 million net cash increase in January 2025, driven primarily by positive operating cash flows and strategic investing activities. The company’s consolidated cash position benefits from its controlling stake in Orion Equities Limited.

Foresta Group Holdings has signed a non-binding term sheet with Genesis Energy to supply torrefied wood pellets for Huntly Power Station, marking a pivotal step toward reducing New Zealand’s coal dependency by 2028.

Poseidon Nickel and Horizon Minerals have officially completed their merger via schemes of arrangement, with Poseidon shares suspended and scheme consideration set for distribution next week.

CVC Limited projects a significant increase in net loss for H1 2025 and suspends its interim dividend amid cash flow concerns. Investors await detailed half-year results due late February.

Lodestar Minerals has increased its capital raising placement by $22,500, bringing the total to $542,500, subject to shareholder approval at an upcoming meeting.