Latest It Services News

Lynch Group Holdings has agreed to a $2.245 per share cash acquisition by Hasfarm, offering shareholders a 34.3% premium and securing board and major shareholder support. The scheme awaits shareholder and court approvals, with a final dividend declared ahead of completion.

Aquirian’s subsidiary TBS Mining Solutions has secured a $4.2 million binding term sheet with Papyrus Australia to manufacture biodegradable Collar Keeper® products, marking a significant step towards greener mining operations.

Equinox Resources has engaged an independent heritage advisory to assess contested Aboriginal sites at its Hamersley Iron Ore Project, following a government refusal of exploration consent. The company is pursuing judicial review while reaffirming its commitment to heritage compliance and stakeholder dialogue.

The Environmental Group Limited (EGL) reported a robust FY25 with revenue climbing 13.9% to $111.9 million and underlying EBITDA up 9.9%, driven by strategic acquisitions and advances in PFAS technology. The company projects further EBITDA growth of 15-20% in FY26, underpinned by expanding recurring revenue streams.

The Environmental Group Limited reported a robust 13.9% increase in revenue and a 7.3% rise in profit after tax for the fiscal year ended June 2025, driven by operational growth and a key acquisition.

Southern Cross Electrical Engineering Limited (SCEE) delivered record FY25 financials, driven by a 45% revenue jump and the recent Force Fire acquisition, setting the stage for robust FY26 growth.

Southern Cross Electrical Engineering (SCEE) has delivered a landmark FY25 with record revenue and earnings, boosted by its strategic acquisition of Force Fire and a robust order book. The company projects continued growth with an 18-24% rise in EBITDA for FY26.

Southern Cross Electrical Engineering Limited reported a robust 45% increase in revenue for FY2025, boosted by the acquisition of Force Fire Holdings and a strong profit uplift. The company also announced a doubled final dividend, signaling confidence in its expanding operations.

Emeco Holdings Limited reported a robust FY25 with significant earnings growth, margin expansion, and improved cash flow, setting a confident stage for FY26. The company’s strategic focus on operational efficiency and technology-driven services underpins its positive outlook.

Emeco Holdings reports robust FY25 results marked by solid revenue growth, margin expansion, and significant debt reduction, setting the stage for continued operational focus and moderate earnings growth in FY26.

Transurban reports solid FY25 results with rising toll revenue, improved EBITDA margins, and strong free cash flow, while advancing key infrastructure projects and navigating NSW Toll Reform.

Cleanaway Waste Management delivered a robust FY25 with 14.6% EBIT growth and raised FY26 guidance, underpinned by key acquisitions and operational excellence.