Latest It Distribution Sector News

Helloworld Travel has secured crucial ACCC approval for its proposed acquisition of Webjet, advancing its plan to consolidate travel distribution in Australia and New Zealand.

Metcash Limited has announced a fully franked ordinary dividend of AUD 0.085 per share for the half-year ending October 2025, accompanied by a Dividend Reinvestment Plan offering shareholders a choice to reinvest without discount.

MotorCycle Holdings Limited delivered a standout FY2025 with double-digit revenue and profit growth, underpinned by strong market share gains and operational efficiencies.

Ridley Corporation reports solid FY25 earnings growth and outlines a diversified growth strategy for FY26, anchored by its recent Incitec Pivot Fertilisers acquisition.

RemSense Technologies has landed a pilot project with the Australian Gas Infrastructure Group to deploy its cutting-edge virtualplant platform, marking a key step into Australia’s gas transmission sector.

Redox Limited reported a 9.4% increase in sales revenue for FY25 despite challenging global conditions, while declaring a robust dividend payout that exceeds its policy. The company’s strategic focus on specialty chemicals, operational expansion, and ESG commitments positions it well for continued growth.

Vulcan Steel has successfully closed its retail entitlement offer, contributing to a total capital raise of approximately A$146.5 million. The new shares will begin trading next week, marking a significant step in the company’s growth trajectory.

Coventry Group Ltd has appointed Nik Alpert as Managing Director, marking a key leadership transition with no changes to his existing remuneration package.

Supply Network Limited reported a robust 15.5% revenue increase to $349.9 million and a 21.2% rise in profit after tax to $40 million for FY2025, alongside a higher fully franked final dividend of 38 cents per share.

Dicker Data Limited has updated its dividend distribution announcement, revealing a fully franked ordinary dividend of AUD 0.11 per share and setting the Dividend Reinvestment Plan price at AUD 8.897. The update clarifies key details ahead of the September payment date.

Dicker Data Limited has announced a fully franked quarterly dividend of AUD 0.11 per share, payable on 1 September 2025, alongside a Dividend Reinvestment Plan offering new shares at market-based pricing.

Metcash Limited has updated its dividend announcement, fixing the Dividend Reinvestment Plan price at AUD 3.87 per share and confirming a fully franked ordinary dividend of 9.5 cents for the year ending April 2025.